Duncan Engineering 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 150.31 million compared to INR 166.34 million a year ago. Revenue was INR 155.39 million compared to INR 170.76 million a year ago. Net income was INR 12.48 million compared to INR 23.8 million a year ago. Basic earnings per share from continuing operations was INR 3.38 compared to INR 6.44 a year ago. Diluted earnings per share from continuing operations was INR 3.38 compared to INR 6.44 a year ago.
For the nine months, sales was INR 466.68 million compared to INR 516.26 million a year ago. Revenue was INR 482.52 million compared to INR 527.45 million a year ago. Net income was INR 48.73 million compared to INR 77.26 million a year ago. Basic earnings per share from continuing operations was INR 13.19 compared to INR 20.9 a year ago. Diluted earnings per share from continuing operations was INR 13.19 compared to INR 20.9 a year ago.