Pennar Industries 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 7,447.5 million compared to INR 6,922.2 million a year ago. Revenue was INR 7,508.8 million compared to INR 7 million a year ago. Net income was INR 253.9 million compared to INR 213.3 million a year ago. Basic earnings per share from continuing operations was INR 1.88 compared to INR 1.56 a year ago. Diluted earnings per share from continuing operations was INR 1.88 compared to INR 1.56 a year ago.
For the nine months, sales was INR 23,077.7 million compared to INR 22,261.9 million a year ago. Revenue was INR 233.2 million compared to INR 226.1 million a year ago. Net income was INR 697.3 million compared to INR 520.8 million a year ago. Basic earnings per share from continuing operations was INR 5.17 compared to INR 3.74 a year ago. Diluted earnings per share from continuing operations was INR 5.17 compared to INR 3.74 a year ago.