Menon Pistons 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 592.15 million compared to INR 638.41 million a year ago. Revenue was INR 593.61 million compared to INR 640.43 million a year ago. Net income was INR 43.54 million compared to INR 67.14 million a year ago. Basic earnings per share from continuing operations was INR 0.85 compared to INR 1.32 a year ago.
For the nine months, sales was INR 1,954.81 million compared to INR 1,887 million a year ago. Revenue was INR 1,960.91 million compared to INR 1,892.34 million a year ago. Net income was INR 192.15 million compared to INR 178.7 million a year ago. Basic earnings per share from continuing operations was INR 3.77 compared to INR 3.5 a year ago.