Lakshmi Machine Works 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 12,215.77 million compared to INR 9,117.62 million a year ago. Revenue was INR 12,540.28 million compared to INR 9,325.11 million a year ago. Net income was INR 1,129.94 million compared to INR 643.69 million a year ago. Basic earnings per share from continuing operations was INR 105.77 compared to INR 60.25 a year ago. Diluted earnings per share from continuing operations was INR 105.77 compared to INR 60.25 a year ago.
For the nine months, sales was INR 34,161.09 million compared to INR 21,724.58 million a year ago. Revenue was INR 35,160.62 million compared to INR 22,258.84 million a year ago. Net income was INR 2,899.23 million compared to INR 983.22 million a year ago. Basic earnings per share from continuing operations was INR 271.39 compared to INR 92.04 a year ago. Diluted earnings per share from continuing operations was INR 271.39 compared to INR 92.04 a year ago.