International Combustion (India) 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 733.56 million compared to INR 596.81 million a year ago. Revenue was INR 735.26 million compared to INR 598.76 million a year ago. Net income was INR 55.14 million compared to INR 33.96 million a year ago. Basic earnings per share from continuing operations was INR 23.06 compared to INR 14.21 a year ago. Diluted earnings per share from continuing operations was INR 23.06 compared to INR 14.21 a year ago.
For the nine months, sales was INR 2,155.1 million compared to INR 1,578.42 million a year ago. Revenue was INR 2,162.58 million compared to INR 1,585.17 million a year ago. Net income was INR 162.5 million compared to INR 48.26 million a year ago. Basic earnings per share from continuing operations was INR 67.98 compared to INR 20.19 a year ago. Diluted earnings per share from continuing operations was INR 67.98 compared to INR 20.19 a year ago.