SIS Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 02, 2023 at 08:01 am EST
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SIS Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 29,042.82 million compared to INR 26,008.48 million a year ago. Revenue was INR 29,072.86 million compared to INR 26,286.71 million a year ago. Net income was INR 1,034.16 million compared to INR 1,006.61 million a year ago. Basic earnings per share from continuing operations was INR 7.07 compared to INR 6.84 a year ago. Diluted earnings per share from continuing operations was INR 7.01 compared to INR 6.77 a year ago.
For the nine months, sales was INR 83,501.22 million compared to INR 74,110.65 million a year ago. Revenue was INR 83,679.76 million compared to INR 74,588.46 million a year ago. Net income was INR 2,533.93 million compared to INR 2,285.45 million a year ago. Basic earnings per share from continuing operations was INR 17.26 compared to INR 15.49 a year ago. Diluted earnings per share from continuing operations was INR 17.1 compared to INR 15.31 a year ago.
SIS Limited is an India-based security solutions company. The Company's business segments include Security Solutions-India, Security Solutions-International and Facility Management. The Company is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, automated teller machine (ATM) cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems. It has a presence in Asia-Pacific (APAC) region, encompassing India, Australia, New Zealand, and Singapore.