Avro India 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 211.86 million compared to INR 196.9 million a year ago. Revenue was INR 218.17 million compared to INR 197.21 million a year ago. Net income was INR 11.87 million compared to INR 5.04 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to INR 0.42 a year ago.
For the nine months, sales was INR 629.07 million compared to INR 463.98 million a year ago. Revenue was INR 636.92 million compared to INR 465.27 million a year ago. Net income was INR 32.81 million compared to INR 9.23 million a year ago. Basic earnings per share from continuing operations was INR 3.25 compared to INR 0.91 a year ago. Diluted earnings per share from continuing operations was INR 3.25 compared to INR 0.91 a year ago.