L.G. Balakrishnan & Bros 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 6,003.68 million compared to INR 5,810.34 million a year ago. Revenue was INR 6,121.49 million compared to INR 5,869.84 million a year ago. Net income was INR 725.41 million compared to INR 721.49 million a year ago. Basic earnings per share from continuing operations was INR 23.11 compared to INR 22.98 a year ago. Diluted earnings per share from continuing operations was INR 23.11 compared to INR 22.98 a year ago.
For the nine months, sales was INR 17,390.89 million compared to INR 16,799.56 million a year ago. Revenue was INR 17,722.02 million compared to INR 16,944.49 million a year ago. Net income was INR 2,034.82 million compared to INR 1,975.32 million a year ago. Basic earnings per share from continuing operations was INR 64.82 compared to INR 62.92 a year ago. Diluted earnings per share from continuing operations was INR 64.82 compared to INR 62.92 a year ago.