Duncan Engineering 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 166.34 million compared to INR 140.65 million a year ago. Revenue was INR 170.76 million compared to INR 142.12 million a year ago. Net income was INR 23.8 million compared to INR 14.9 million a year ago. Basic earnings per share from continuing operations was INR 6.44 compared to INR 4.03 a year ago. Diluted earnings per share from continuing operations was INR 6.44 compared to INR 4.03 a year ago.
For the nine months, sales was INR 516.26 million compared to INR 388.2 million a year ago. Revenue was INR 527.45 million compared to INR 392.18 million a year ago. Net income was INR 77.26 million compared to INR 36.84 million a year ago. Basic earnings per share from continuing operations was INR 20.9 compared to INR 9.97 a year ago. Diluted earnings per share from continuing operations was INR 20.9 compared to INR 9.97 a year ago.