Nibe 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 626.92 million compared to INR 151.76 million a year ago. Revenue was INR 645.57 million compared to INR 154.43 million a year ago. Net income was INR 43.76 million compared to INR 7.29 million a year ago. Basic earnings per share from continuing operations was INR 3.48 compared to INR 0.9 a year ago. Diluted earnings per share from continuing operations was INR 3.48 compared to INR 0.9 a year ago.
For the nine months, sales was INR 1,296.7 million compared to INR 426.79 million a year ago. Revenue was INR 1,322.35 million compared to INR 435.73 million a year ago. Net income was INR 80.94 million compared to INR 20.21 million a year ago. Basic earnings per share from continuing operations was INR 6.68 compared to INR 2.14 a year ago. Diluted earnings per share from continuing operations was INR 6.68 compared to INR 2.14 a year ago.