Nitin Castings 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 349.38 million compared to INR 272.38 million a year ago. Revenue was INR 354.72 million compared to INR 276.36 million a year ago. Net income was INR 24.03 million compared to INR 10.78 million a year ago. Basic earnings per share from continuing operations was INR 4.67 compared to INR 2.1 a year ago.
For the nine months, sales was INR 1,034.82 million compared to INR 686 million a year ago. Revenue was INR 1,040.66 million compared to INR 703.09 million a year ago. Net income was INR 41.99 million compared to INR 35.05 million a year ago. Basic earnings per share from continuing operations was INR 8.17 compared to INR 6.82 a year ago.