Honda India Power Products 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 2,633.8 million compared to INR 3,388.5 million a year ago. Revenue was INR 2,733.9 million compared to INR 3,417.4 million a year ago. Net income was INR 283.2 million compared to INR 319.5 million a year ago. Basic earnings per share from continuing operations was INR 27.92 compared to INR 31.5 a year ago. Diluted earnings per share from continuing operations was INR 27.92 compared to INR 31.5 a year ago.
For the nine months, sales was INR 7,579.1 million compared to INR 9,329.9 million a year ago. Revenue was INR 7,874.2 million compared to INR 9,471.8 million a year ago. Net income was INR 764.1 million compared to INR 792.8 million a year ago. Basic earnings per share from continuing operations was INR 75.33 compared to INR 78.16 a year ago. Diluted earnings per share from continuing operations was INR 75.33 compared to INR 78.16 a year ago.