Lakshmi Automatic Loom Works 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 40.78 million compared to INR 33.99 million a year ago. Revenue was INR 43.75 million compared to INR 36.89 million a year ago. Net income was INR 5.6 million compared to INR 4.62 million a year ago. Basic earnings per share from continuing operations was INR 8.37 compared to INR 6.91 a year ago. Diluted earnings per share from continuing operations was INR 8.37 compared to INR 6.91 a year ago.
For the nine months, sales was INR 115.22 million compared to INR 93.18 million a year ago. Revenue was INR 126.59 million compared to INR 103.87 million a year ago. Net income was INR 18.61 million compared to INR 16.29 million a year ago. Basic earnings per share from continuing operations was INR 27.83 compared to INR 24.36 a year ago. Diluted earnings per share from continuing operations was INR 27.83 compared to INR 24.36 a year ago.