Gandhi Special Tubes Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 412.47 million compared to INR 367.39 million a year ago. Revenue was INR 441.74 million compared to INR 385.9 million a year ago. Net income was INR 132.08 million compared to INR 95.63 million a year ago. Basic earnings per share from continuing operations was INR 10.87 compared to INR 7.87 a year ago. Diluted earnings per share from continuing operations was INR 10.87 compared to INR 7.87 a year ago.
For the nine months, sales was INR 1,314.36 million compared to INR 1,327.71 million a year ago. Revenue was INR 1,410.35 million compared to INR 1,366.31 million a year ago. Net income was INR 422.22 million compared to INR 368.82 million a year ago. Basic earnings per share from continuing operations was INR 34.75 compared to INR 30.35 a year ago. Diluted earnings per share from continuing operations was INR 34.75 compared to INR 30.35 a year ago.