Power & Instrumental (Gujarat) 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 151.29 million compared to INR 106.89 million a year ago. Revenue was INR 154.98 million compared to INR 107.29 million a year ago. Net income was INR 8.26 million compared to INR 6.58 million a year ago. Basic earnings per share from continuing operations was INR 0.65 compared to INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 0.65 compared to INR 0.48 a year ago.
For the nine months, sales was INR 614.16 million compared to INR 495.97 million a year ago. Revenue was INR 621.15 million compared to INR 498.18 million a year ago. Net income was INR 32.21 million compared to INR 11.09 million a year ago. Basic earnings per share from continuing operations was INR 2.55 compared to INR 0.84 a year ago. Diluted earnings per share from continuing operations was INR 2.55 compared to INR 0.84 a year ago.