Kirloskar Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 15,680.9 million compared to INR 16,166.4 million a year ago. Net income was INR 429.5 million compared to INR 629.6 million a year ago. Basic earnings per share from continuing operations was INR 43.82 compared to INR 64.49 a year ago. Diluted earnings per share from continuing operations was INR 41.65 compared to INR 62.05 a year ago. Basic earnings per share was INR 43.43 compared to INR 64.19 a year ago. Diluted earnings per share was INR 41.26 compared to INR 61.75 a year ago.
For the nine months, revenue was INR 46,752.1 million compared to INR 49,411.4 million a year ago. Net income was INR 1,291.2 million compared to INR 1,804.4 million a year ago. Basic earnings per share from continuing operations was INR 130.32 compared to INR 184 a year ago. Diluted earnings per share from continuing operations was INR 125.41 compared to INR 178.71 a year ago. Basic earnings per share was INR 130.58 compared to INR 184.06 a year ago. Diluted earnings per share was INR 125.66 compared to INR 178.76 a year ago.