Wheels 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 12,104.1 million compared to INR 10,778.6 million a year ago. Revenue was INR 12,112.4 million compared to INR 10,913.6 million a year ago. Net income was INR 101.2 million compared to INR 119.8 million a year ago. Basic earnings per share from continuing operations was INR 4.14 compared to INR 4.9 a year ago. Diluted earnings per share from continuing operations was INR 4.14 compared to INR 4.9 a year ago.
For the nine months, sales was INR 37,058.2 million compared to INR 33,893.5 million a year ago. Revenue was INR 37,109.8 million compared to INR 34,067.3 million a year ago. Net income was INR 242.6 million compared to INR 330.1 million a year ago. Basic earnings per share from continuing operations was INR 9.93 compared to INR 13.51 a year ago. Diluted earnings per share from continuing operations was INR 9.93 compared to INR 13.51 a year ago.