Pennar Industries Limited reported earnings results for the third quarter and nine months ended December 30, 2022. For the third quarter, the company reported sales was INR 6,922.2 million compared to INR 5,329.7 million a year ago. Revenue was INR 7,001.3 million compared to INR 5,373.8 million a year ago. Net income was INR 213.3 million compared to INR 107.1 million a year ago. Basic earnings per share from continuing operations was INR 1.56 compared to INR 0.75 a year ago.
For the nine months, sales was INR 22,261.9 million compared to INR 15,729.8 million a year ago. Revenue was INR 22,607.4 million compared to INR 15,829.5 million a year ago. Net income was INR 520.8 million compared to INR 252.9 million a year ago. Basic earnings per share from continuing operations was INR 3.74 compared to INR 1.78 a year ago.