Swaraj Engines 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 2,789.3 million compared to INR 2,375 million a year ago. Revenue was INR 2,817 million compared to INR 2,399.2 million a year ago. Net income was INR 232.3 million compared to INR 201.9 million a year ago. Basic earnings per share from continuing operations was INR 19.13 compared to INR 16.62 a year ago. Diluted earnings per share from continuing operations was INR 19.12 compared to INR 16.62 a year ago.
For the nine months, sales was INR 10,620.3 million compared to INR 8,958 million a year ago. Revenue was INR 10,702.8 million compared to INR 9,031.7 million a year ago. Net income was INR 986.5 million compared to INR 876.1 million a year ago. Basic earnings per share from continuing operations was INR 81.23 compared to INR 72.16 a year ago. Diluted earnings per share from continuing operations was INR 81.21 compared to INR 72.13 a year ago.