Lanka Ashok Leyland PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 106.9 million compared to LKR 61.85 million a year ago. Revenue was LKR 2,070.34 million compared to LKR 495.93 million a year ago. Net income was LKR 407.4 million compared to LKR 91.49 million a year ago. Basic earnings per share from continuing operations was LKR 112.51 compared to LKR 25.27 a year ago.
For the nine months, sales was LKR 284.74 million compared to LKR 185.29 million a year ago. Revenue was LKR 3,654.82 million compared to LKR 2,854.1 million a year ago. Net income was LKR 621.94 million compared to LKR 95 million a year ago. Basic earnings per share from continuing operations was LKR 171.77 compared to LKR 26.24 a year ago.