Power Mech Projects 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 11,074.98 million compared to INR 9,091.06 million a year ago. Revenue was INR 11,149.4 million compared to INR 9,120.54 million a year ago. Net income was INR 615.21 million compared to INR 506.2 million a year ago. Basic earnings per share from continuing operations was INR 39.48 compared to INR 33.99 a year ago. Diluted earnings per share from continuing operations was INR 39.48 compared to INR 33.99 a year ago.
For the nine months, sales was INR 29,051.19 million compared to INR 24,270.34 million a year ago. Revenue was INR 29,225.45 million compared to INR 24,349.88 million a year ago. Net income was INR 1,637.83 million compared to INR 1,339.15 million a year ago. Basic earnings per share from continuing operations was INR 108.2 compared to INR 90.66 a year ago. Diluted earnings per share from continuing operations was INR 108.2 compared to INR 90.66 a year ago.