APIS India 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 881.75 million compared to INR 664.41 million a year ago. Revenue was INR 884.28 million compared to INR 664.41 million a year ago. Net income was INR 33.58 million compared to INR 36.63 million a year ago. Basic earnings per share from continuing operations was INR 6.09 compared to INR 6.65 a year ago.
For the nine months, sales was INR 2,549.58 million compared to INR 2,005.05 million a year ago. Revenue was INR 2,553.28 million compared to INR 2,006.32 million a year ago. Net income was INR 125.28 million compared to INR 61.97 million a year ago. Basic earnings per share from continuing operations was INR 22.74 compared to INR 11.25 a year ago.