Solar Industries India 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 14,291.4 million compared to INR 18,117.5 million a year ago. Revenue was INR 14,400.5 million compared to INR 18,189.9 million a year ago. Net income was INR 2,033.3 million compared to INR 2,045.8 million a year ago. Basic earnings per share from continuing operations was INR 22.47 compared to INR 22.61 a year ago. Diluted earnings per share from continuing operations was INR 22.47 compared to INR 22.61 a year ago.
For the nine months, sales was INR 44,588.1 million compared to INR 49,939.9 million a year ago. Revenue was INR 44,856.3 million compared to INR 50,141.7 million a year ago. Net income was INR 6,008.8 million compared to INR 5,511.7 million a year ago. Basic earnings per share from continuing operations was INR 66.4 compared to INR 60.91 a year ago. Diluted earnings per share from continuing operations was INR 66.4 compared to INR 60.91 a year ago.