Kirloskar Oil Engines 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 13,901 million compared to INR 12,204.4 million a year ago. Revenue was INR 13,976.5 million compared to INR 12,268.8 million a year ago. Net income was INR 898.2 million compared to INR 881.5 million a year ago. Basic earnings per share from continuing operations was INR 6.2 compared to INR 6.09 a year ago. Diluted earnings per share from continuing operations was INR 6.18 compared to INR 6.06 a year ago.
For the nine months, sales was INR 42,383 million compared to INR 36,399.7 million a year ago. Revenue was INR 42,597.8 million compared to INR 36,571 million a year ago. Net income was INR 2,933.2 million compared to INR 2,534.9 million a year ago. Basic earnings per share from continuing operations was INR 20.25 compared to INR 17.53 a year ago. Diluted earnings per share from continuing operations was INR 20.16 compared to INR 17.45 a year ago.