D-Link Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 04, 2023 at 06:19 am EST
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D-Link (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 2,799.32 million compared to INR 2,383.24 million a year ago. Revenue was INR 2,818.46 million compared to INR 2,401.82 million a year ago. Net income was INR 272.77 million compared to INR 94.65 million a year ago. Basic earnings per share from continuing operations was INR 7.68 compared to INR 2.66 a year ago. Diluted earnings per share from continuing operations was INR 7.68 compared to INR 2.66 a year ago.
For the nine months, sales was INR 8,692.59 million compared to INR 6,465.3 million a year ago. Revenue was INR 8,736.43 million compared to INR 6,510.75 million a year ago. Net income was INR 661.63 million compared to INR 305.78 million a year ago. Basic earnings per share from continuing operations was INR 18.63 compared to INR 8.61 a year ago. Diluted earnings per share from continuing operations was INR 18.63 compared to INR 8.61 a year ago.
D-Link (India) Limited is an India-based networking company. The Company is engaged in the in designing and developing networking and connectivity products for consumers, small businesses, medium to large-sized enterprises, and service providers. The Company is involved in marketing and distribution of D-Link branded networking products. Its operating activities include the research, development, and sale of local area computer network systems, wireless local area computer networks (LANs) and spare parts for integrated circuits. It implements and supports unified network solutions that integrate capabilities in switching, wireless, broadband storage, IP surveillance, cloud-based network management, and structured cabling. The Company produces switches, routers, modems, voice over Internet protocol products, surveillance equipment, print servers, ethernet cards and broadband equipment. The Company's subsidiary is TeamF1 Networks Private Limited.
D-LINK (INDIA) LIMITED 
