Lakshmi Machine Works 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 12,139.7 million compared to INR 12,215.8 million a year ago. Revenue was INR 12,457.7 million compared to INR 12,540.3 million a year ago. Net income was INR 987.7 million compared to INR 1,129.9 million a year ago. Basic earnings per share from continuing operations was INR 92.46 compared to INR 105.77 a year ago. Diluted earnings per share from continuing operations was INR 92.46 compared to INR 105.77 a year ago.
For the nine months, sales was INR 37,252.1 million compared to INR 34,161.1 million a year ago. Revenue was INR 38,285.3 million compared to INR 35,160.6 million a year ago. Net income was INR 3,076.8 million compared to INR 2,899.2 million a year ago. Basic earnings per share from continuing operations was INR 288.01 compared to INR 271.39 a year ago. Diluted earnings per share from continuing operations was INR 288.01 compared to INR 271.39 a year ago.