Tide Water Oil Co. (India) 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 4,964.5 million compared to INR 4,970.7 million a year ago. Revenue was INR 5,004.3 million compared to INR 5,007.4 million a year ago. Net income was INR 335.6 million compared to INR 259.5 million a year ago. Basic earnings per share from continuing operations was INR 19.75 compared to INR 15.27 a year ago. Diluted earnings per share from continuing operations was INR 19.75 compared to INR 15.27 a year ago.
For the nine months, sales was INR 14,443.7 million compared to INR 13,838.9 million a year ago. Revenue was INR 14,581.6 million compared to INR 13,946.2 million a year ago. Net income was INR 999.5 million compared to INR 801 million a year ago. Basic earnings per share from continuing operations was INR 58.81 compared to INR 47.13 a year ago. Diluted earnings per share from continuing operations was INR 58.81 compared to INR 47.13 a year ago.