ITD Cementation 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 20,171.61 million compared to INR 13,270.17 million a year ago. Revenue was INR 20,294.83 million compared to INR 13,277.59 million a year ago. Net income was INR 783.88 million compared to INR 365.21 million a year ago. Basic earnings per share from continuing operations was INR 4.56 compared to INR 2.13 a year ago. Diluted earnings per share from continuing operations was INR 4.56 compared to INR 2.13 a year ago.
For the nine months, sales was INR 54,601.52 million compared to INR 34,595.05 million a year ago. Revenue was INR 54,868.16 million compared to INR 34,808.51 million a year ago. Net income was INR 1,842.2 million compared to INR 864.55 million a year ago. Basic earnings per share from continuing operations was INR 10.72 compared to INR 5.03 a year ago. Diluted earnings per share from continuing operations was INR 10.72 compared to INR 5.03 a year ago.