L.G. Balakrishnan & Bros 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 5,810.34 million compared to INR 5,739.13 million a year ago. Revenue was INR 5,869.84 million compared to INR 5,765.65 million a year ago. Net income was INR 721.49 million compared to INR 710.78 million a year ago. Basic earnings per share from continuing operations was INR 22.98 compared to INR 22.66 a year ago. Diluted earnings per share from continuing operations was INR 22.98 compared to INR 22.66 a year ago.
For the nine months, sales was INR 16,799.56 million compared to INR 15,432 million a year ago. Revenue was INR 16,944.49 million compared to INR 15,519.14 million a year ago. Net income was INR 1,975.32 million compared to INR 1,819.49 million a year ago. Basic earnings per share from continuing operations was INR 62.92 compared to INR 57.96 a year ago. Diluted earnings per share from continuing operations was INR 62.92 compared to INR 57.96 a year ago.