Tulsyan NEC 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 2,231.76 million compared to INR 1,848.39 million a year ago. Revenue was INR 2,234.52 million compared to INR 1,848.8 million a year ago. Net income was INR 1,919.68 million compared to net loss of INR 218.49 million a year ago. Basic earnings per share from continuing operations was INR 130.47 compared to basic loss per share from continuing operations of INR 14.85 a year ago. Diluted earnings per share from continuing operations was INR 130.47 compared to diluted loss per share from continuing operations of INR 14.85 a year ago.
For the nine months, sales was INR 7,883.05 million compared to INR 5,820.95 million a year ago. Revenue was INR 7,890.46 million compared to INR 5,869.69 million a year ago. Net income was INR 1,979.94 million compared to INR 4,157.41 million a year ago. Basic earnings per share from continuing operations was INR 134.56 compared to INR 282.55 a year ago. Diluted earnings per share from continuing operations was INR 134.56 compared to INR 282.55 a year ago.