Welspun Enterprises 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 7,067.1 million compared to INR 6,924 million a year ago. Revenue was INR 7,539.2 million compared to INR 7,167.6 million a year ago. Net income was INR 715.5 million compared to INR 4,007 million a year ago. Basic earnings per share from continuing operations was INR 6.55 compared to INR 26.75 a year ago. Diluted earnings per share from continuing operations was INR 6.49 compared to INR 26.69 a year ago. Basic earnings per share was INR 5.24 compared to INR 26.75 a year ago. Diluted earnings per share was INR 5.2 compared to INR 28.69 a year ago.
For the nine months, sales was INR 20,511.7 million compared to INR 19,131 million a year ago. Revenue was INR 21,966.1 million compared to INR 19,851.7 million a year ago. Net income was INR 2,253.6 million compared to INR 5,812.6 million a year ago. Basic earnings per share from continuing operations was INR 17.98 compared to INR 35.04 a year ago. Diluted earnings per share from continuing operations was INR 17.76 compared to INR 34.97 a year ago. Basic earnings per share was INR 16.39 compared to INR 38.76 a year ago. Diluted earnings per share was INR 16.21 compared to INR 38.68 a year ago.