Agarwal Industrial Corporation 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 4,881.83 million compared to INR 5,520.94 million a year ago. Revenue was INR 4,890.87 million compared to INR 5,539.08 million a year ago. Net income was INR 276.26 million compared to INR 252.15 million a year ago. Basic earnings per share from continuing operations was INR 18.47 compared to INR 17.63 a year ago. Diluted earnings per share from continuing operations was INR 18.47 compared to INR 17.63 a year ago.
For the nine months, sales was INR 13,488.55 million compared to INR 13,554.72 million a year ago. Revenue was INR 13,532.24 million compared to INR 13,639.01 million a year ago. Net income was INR 712.13 million compared to INR 639.62 million a year ago. Basic earnings per share from continuing operations was INR 47.61 compared to INR 44.72 a year ago. Diluted earnings per share from continuing operations was INR 47.61 compared to INR 44.72 a year ago.