Samvardhana Motherson International 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 254,566.2 million compared to INR 200,068 million a year ago. Revenue was INR 257,522.6 million compared to INR 203,483.1 million a year ago. Net income was INR 5,419.6 million compared to INR 4,539.3 million a year ago. Basic earnings per share from continuing operations was INR 0.8 compared to INR 0.67 a year ago. Diluted earnings per share from continuing operations was INR 0.8 compared to INR 0.67 a year ago.
For the nine months, sales was INR 710,312.3 million compared to INR 556,187 million a year ago. Revenue was INR 718,066.7 million compared to INR 564,066.8 million a year ago. Net income was INR 13,443.8 million compared to INR 8,415.8 million a year ago. Basic earnings per share from continuing operations was INR 1.98 compared to INR 1.24 a year ago. Diluted earnings per share from continuing operations was INR 1.98 compared to INR 1.24 a year ago.