Rane Brake Lining 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 1,642.5 million compared to INR 1,533.3 million a year ago. Revenue was INR 1,649.4 million compared to INR 1,546.3 million a year ago. Net income was INR 101.2 million compared to INR 91.7 million a year ago. Basic earnings per share from continuing operations was INR 13.09 compared to INR 11.87 a year ago. Diluted earnings per share from continuing operations was INR 13.09 compared to INR 11.87 a year ago.
For the nine months, sales was INR 4,746.1 million compared to INR 4,339.3 million a year ago. Revenue was INR 4,762.3 million compared to INR 4,412.4 million a year ago. Net income was INR 248.9 million compared to INR 214.4 million a year ago. Basic earnings per share from continuing operations was INR 32.2 compared to INR 27.74 a year ago. Diluted earnings per share from continuing operations was INR 32.2 compared to INR 27.74 a year ago.