The India Cements 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 12,810 million compared to INR 11,606.3 million a year ago. Revenue was INR 12,922.6 million compared to INR 11,681.2 million a year ago. Net income was INR 1,332.9 million compared to INR 162.4 million a year ago. Basic earnings per share from continuing operations was INR 4.24. Diluted earnings per share from continuing operations was INR 4.24.
For the nine months, sales was INR 41,224.1 million compared to INR 34,407.3 million a year ago. Revenue was INR 41,545.9 million compared to INR 34,579.4 million a year ago. Net income was INR 1,000.1 million compared to INR 890.4 million a year ago. Basic earnings per share from continuing operations was INR 3.36 compared to INR 2.71 a year ago. Diluted earnings per share from continuing operations was INR 3.36 compared to INR 2.71 a year ago.