JTEKT 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 5,534.61 million compared to INR 4,728.11 million a year ago. Net income was INR 237.53 million compared to INR 152.92 million a year ago. Basic earnings per share from continuing operations was INR 0.97 compared to INR 0.63 a year ago. Diluted earnings per share from continuing operations was INR 0.97 compared to INR 0.63 a year ago.
For the nine months, sales was INR 16,206.21 million compared to INR 15,203.57 million a year ago. Net income was INR 725.68 million compared to INR 609.37 million a year ago. Basic earnings per share from continuing operations was INR 2.97 compared to INR 2.49 a year ago. Diluted earnings per share from continuing operations was INR 2.97 compared to INR 2.49 a year ago.