Universal Autofoundry 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 523.62 million compared to INR 350.94 million a year ago. Revenue was INR 526.56 million compared to INR 352.19 million a year ago. Net income was INR 35.62 million compared to net loss of INR 21.73 million a year ago. Basic earnings per share from continuing operations was INR 3.51 compared to basic loss per share from continuing operations of INR 2.14 a year ago. Diluted earnings per share from continuing operations was INR 3.51 compared to diluted loss per share from continuing operations of INR 2.14 a year ago.
For the nine months, sales was INR 1,756.82 million compared to INR 1,206.93 million a year ago. Revenue was INR 1,762.81 million compared to INR 1,210.04 million a year ago. Net income was INR 89.59 million compared to net loss of INR 18.96 million a year ago. Basic earnings per share from continuing operations was INR 8.84 compared to basic loss per share from continuing operations of INR 1.87 a year ago. Diluted earnings per share from continuing operations was INR 8.84 compared to diluted loss per share from continuing operations of INR 1.87 a year ago.