Veto Switchgears and Cables 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 820.49 million compared to INR 716.72 million a year ago. Revenue was INR 824.35 million compared to INR 736.03 million a year ago. Net income was INR 47.78 million compared to INR 46.77 million a year ago. Basic earnings per share from continuing operations was INR 2.56 compared to INR 2.46 a year ago. Diluted earnings per share from continuing operations was INR 2.56 compared to INR 2.46 a year ago.
For the nine months, sales was INR 2,206.57 million compared to INR 2,069.67 million a year ago. Revenue was INR 2,218 million compared to INR 2,095.6 million a year ago. Net income was INR 157.25 million compared to INR 180.65 million a year ago. Basic earnings per share from continuing operations was INR 8.28 compared to INR 9.55 a year ago. Diluted earnings per share from continuing operations was INR 8.28 compared to INR 9.55 a year ago.