Panasonic Energy India Co. Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 747.39 million compared to INR 658 million a year ago. Revenue was INR 754.29 million compared to INR 662.52 million a year ago. Net income was INR 45.22 million compared to net loss of INR 15.83 million a year ago. Basic earnings per share from continuing operations was INR 6.03 compared to basic loss per share from continuing operations of INR 2.11 a year ago. Diluted earnings per share from continuing operations was INR 6.03 compared to diluted loss per share from continuing operations of INR 2.11 a year ago.
For the nine months, sales was INR 2,199.1 million compared to INR 1,924.66 million a year ago. Revenue was INR 2,220.13 million compared to INR 1,941 million a year ago. Net income was INR 105.74 million compared to net loss of INR 47.92 million a year ago. Basic earnings per share from continuing operations was INR 14.1 compared to basic loss per share from continuing operations of INR 6.39 a year ago. Diluted earnings per share from continuing operations was INR 14.1 compared to diluted loss per share from continuing operations of INR 6.39 a year ago.