India Motor Parts & Accessories Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 1,827.3 million compared to INR 1,671.6 million a year ago. Revenue was INR 1,846.6 million compared to INR 1,718.5 million a year ago. Net income was INR 132 million compared to INR 168.3 million a year ago. Basic earnings per share from continuing operations was INR 10.57 compared to INR 13.5 a year ago.
For the nine months, sales was INR 4,691.5 million compared to INR 3,670.5 million a year ago. Revenue was INR 4,783 million compared to INR 3,833.4 million a year ago. Net income was INR 385.1 million compared to INR 324.8 million a year ago. Basic earnings per share from continuing operations was INR 30.86 compared to INR 26.06 a year ago.