HBL Power Systems 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 5,992.59 million compared to INR 3,324.9 million a year ago. Revenue was INR 6,045.38 million compared to INR 3,375.27 million a year ago. Net income was INR 790.41 million compared to INR 237.44 million a year ago. Basic earnings per share from continuing operations was INR 2.84 compared to INR 0.83 a year ago. Diluted earnings per share from continuing operations was INR 2.84 compared to INR 0.83 a year ago.
For the nine months, sales was INR 16,232.69 million compared to INR 9,660.67 million a year ago. Revenue was INR 16,346.39 million compared to INR 978,668.9 million a year ago. Net income was INR 1,994.4 million compared to INR 638.52 million a year ago. Basic earnings per share from continuing operations was INR 7.17 compared to INR 2.25 a year ago. Diluted earnings per share from continuing operations was INR 7.17 compared to INR 2.25 a year ago.