MRF 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 61,624.6 million compared to INR 56,445.5 million a year ago. Revenue was INR 62,400.8 million compared to INR 57,159.1 million a year ago. Net income was INR 5,097.1 million compared to INR 1,748.3 million a year ago. Basic earnings per share from continuing operations was INR 1,201.81 compared to INR 412.21 a year ago. Diluted earnings per share from continuing operations was INR 1,201.81 compared to INR 412.21 a year ago.
For the nine months, sales was INR 188,198.5 million compared to INR 171,667.8 million a year ago. Revenue was INR 190,428.8 million compared to INR 173,496.6 million a year ago. Net income was INR 16,851.2 million compared to INR 4,282.9 million a year ago. Basic earnings per share from continuing operations was INR 3,973.27 compared to INR 1,009.84 a year ago. Diluted earnings per share from continuing operations was INR 3,973.27 compared to INR 1,009.84 a year ago.