Mindteck (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 826.6 million compared to INR 757.2 million a year ago. Revenue was INR 836.4 million compared to INR 767.7 million a year ago. Net income was INR 55.1 million compared to INR 44.5 million a year ago. Basic earnings per share from continuing operations was INR 2.19 compared to INR 1.76 a year ago. Diluted earnings per share from continuing operations was INR 2.14 compared to INR 1.72 a year ago.
For the nine months, sales was INR 2,479.9 million compared to INR 2,251.1 million a year ago. Revenue was INR 2,513.3 million compared to INR 2,285.3 million a year ago. Net income was INR 153.6 million compared to INR 303.2 million a year ago. Basic earnings per share from continuing operations was INR 6.08 compared to INR 12.01 a year ago. Diluted earnings per share from continuing operations was INR 5.95 compared to INR 11.76 a year ago.