Sharda Motor Industries 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 6,860.01 million compared to INR 5,785.96 million a year ago. Revenue was INR 6,972.32 million compared to INR 5,841.67 million a year ago. Net income was INR 463.68 million compared to INR 390.76 million a year ago. Basic earnings per share from continuing operations was INR 15.6 compared to INR 13.14 a year ago. Diluted earnings per share from continuing operations was INR 15.6 compared to INR 13.14 a year ago.
For the nine months, sales was INR 20,117.71 million compared to INR 16,374.62 million a year ago. Revenue was INR 20,398.08 million compared to INR 16,593.82 million a year ago. Net income was INR 1,462.68 million compared to INR 1,052.31 million a year ago. Basic earnings per share from continuing operations was INR 49.2 compared to INR 35.39 a year ago. Diluted earnings per share from continuing operations was INR 49.2 compared to INR 35.39 a year ago.