Lakshmi Electrical Control Systems Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 919.2 million compared to INR 692.97 million a year ago. Revenue was INR 927.14 million compared to INR 697.6 million a year ago. Net income was INR 42.88 million compared to INR 37.47 million a year ago. Basic earnings per share from continuing operations was INR 17.45 compared to INR 15.24 a year ago. Diluted earnings per share from continuing operations was INR 17.45 compared to INR 15.24 a year ago.
For the nine months, sales was INR 2,650.4 million compared to INR 1,755.86 million a year ago. Revenue was INR 2,672.45 million compared to INR 1,779.91 million a year ago. Net income was INR 158.73 million compared to INR 102.32 million a year ago. Basic earnings per share from continuing operations was INR 64.58 compared to INR 41.63 a year ago. Diluted earnings per share from continuing operations was INR 64.58 compared to INR 41.63 a year ago.