Macpower CNC Machines 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 661.4 million compared to INR 530.1 million a year ago. Revenue was INR 666.4 million compared to INR 530.3 million a year ago. Net income was INR 70.3 million compared to INR 35 million a year ago. Basic earnings per share from continuing operations was INR 7.03 compared to INR 3.5 a year ago. Diluted earnings per share from continuing operations was INR 7.03 compared to INR 3.5 a year ago.
For the nine months, sales was INR 1,697 million compared to INR 1,475.7 million a year ago. Revenue was INR 1,706.6 million compared to INR 1,478.5 million a year ago. Net income was INR 152.2 million compared to INR 98.9 million a year ago. Basic earnings per share from continuing operations was INR 15.22 compared to INR 9.89 a year ago. Diluted earnings per share from continuing operations was INR 15.22 compared to INR 9.89 a year ago.