Smiths & Founders (India) 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 26.57 million compared to INR 24.45 million a year ago. Revenue was INR 26.59 million compared to INR 26.77 million a year ago. Net income was INR 0.664 million compared to INR 5.61 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.05 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.05 a year ago.
For the nine months, sales was INR 77.45 million compared to INR 83.24 million a year ago. Revenue was INR 77.58 million compared to INR 85.76 million a year ago. Net income was INR 2.42 million compared to INR 12.25 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.12 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.12 a year ago.