Indo Tech Transformers Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 836.2 million compared to INR 818.1 million a year ago. Revenue was INR 839.9 million compared to INR 820.5 million a year ago. Net income was INR 38.4 million compared to INR 65 million a year ago. Basic earnings per share from continuing operations was INR 3.62 compared to INR 6.12 a year ago.
For the nine months, sales was INR 2,262.4 million compared to INR 1,807.8 million a year ago. Revenue was INR 2,281.7 million compared to INR 1,818.3 million a year ago. Net income was INR 64 million compared to INR 61.3 million a year ago. Basic earnings per share from continuing operations was INR 6.03 compared to INR 5.77 a year ago.