Nitin Castings 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 337.12 million compared to INR 349.38 million a year ago. Revenue was INR 350.92 million compared to INR 354.72 million a year ago. Net income was INR 30.02 million compared to INR 24.03 million a year ago. Basic earnings per share from continuing operations was INR 5.84 compared to INR 4.67 a year ago.
For the nine months, sales was INR 1,096.02 million compared to INR 1,034.82 million a year ago. Revenue was INR 1,132.02 million compared to INR 140.66 million a year ago. Net income was INR 98.15 million compared to INR 41.99 million a year ago. Basic earnings per share from continuing operations was INR 19.09 compared to INR 8.17 a year ago.