NRB Bearings 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 2,584.1 million compared to INR 2,510.9 million a year ago. Revenue was INR 2,677 million compared to INR 2,648.8 million a year ago. Net income was INR 1,656 million compared to INR 229.1 million a year ago. Basic earnings per share from continuing operations was INR 17.09 compared to INR 2.36 a year ago. Diluted earnings per share from continuing operations was INR 17.09 compared to INR 2.36 a year ago.
For the nine months, sales was INR 8,094.2 million compared to INR 7,447.2 million a year ago. Revenue was INR 8,283.9 million compared to INR 7,651.9 million a year ago. Net income was INR 2,082.1 million compared to INR 594.1 million a year ago. Basic earnings per share from continuing operations was INR 21.49 compared to INR 6.13 a year ago. Diluted earnings per share from continuing operations was INR 21.49 compared to INR 6.13 a year ago.