IL&FS Engineering and Construction Company 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 470.1 million compared to INR 177 million a year ago. Revenue was INR 493.6 million compared to INR 223.6 million a year ago. Net income was INR 76.9 million compared to net loss of INR 245.1 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to basic loss per share from continuing operations of INR 1.87 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to diluted loss per share from continuing operations of INR 1.87 a year ago.
For the nine months, sales was INR 1,738.8 million compared to INR 927.3 million a year ago. Revenue was INR 2,330.6 million compared to INR 1,080.2 million a year ago. Net income was INR 206.6 million compared to net loss of INR 446.4 million a year ago. Basic earnings per share from continuing operations was INR 1.58 compared to basic loss per share from continuing operations of INR 3.4 a year ago. Diluted earnings per share from continuing operations was INR 1.58 compared to diluted loss per share from continuing operations of INR 3.4 a year ago.