Tide Water Oil Co. (India) 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 4,970.7 million compared to INR 4,118.7 million a year ago. Revenue was INR 5,007.4 million compared to INR 4,170.5 million a year ago. Net income was INR 259.5 million compared to INR 302.3 million a year ago. Basic earnings per share from continuing operations was INR 15.27 compared to INR 17.79 a year ago. Diluted earnings per share from continuing operations was INR 15.27 compared to INR 17.79 a year ago.
For the nine months, sales was INR 13,838.9 million compared to INR 10,910.3 million a year ago. Revenue was INR 13,946.2 million compared to INR 11,042.8 million a year ago. Net income was INR 801 million compared to INR 851.2 million a year ago. Basic earnings per share from continuing operations was INR 47.13 compared to INR 50.09 a year ago. Diluted earnings per share from continuing operations was INR 47.13 compared to INR 50.09 a year ago.