India Motor Parts & Accessories 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 1,908.6 million compared to INR 1,827.3 million a year ago. Revenue was INR 1,944.1 million compared to INR 1,846.6 million a year ago. Net income was INR 127.4 million compared to INR 132 million a year ago. Basic earnings per share from continuing operations was INR 10.21 compared to INR 10.57 a year ago.
For the nine months, sales was INR 5,560.8 million compared to INR 4,691.5 million a year ago. Revenue was INR 5,721.1 million compared to INR 4,783 million a year ago. Net income was INR 497.1 million compared to INR 385.1 million a year ago. Basic earnings per share from continuing operations was INR 39.83 compared to INR 30.86 a year ago.