Advance Metering Technology 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 35.61 million compared to INR 35.16 million a year ago. Revenue was INR 65.55 million compared to INR 39.95 million a year ago. Net income was INR 4.63 million compared to INR 102.62 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to basic loss per share from continuing operations of INR 1.47 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to diluted loss per share from continuing operations of INR 1.47 a year ago.
For the nine months, sales was INR 137.31 million compared to INR 137.12 million a year ago. Revenue was INR 193.45 million compared to INR 151.12 million a year ago. Net income was INR 8.6 million compared to INR 85.06 million a year ago. Basic earnings per share from continuing operations was INR 0.54 compared to basic loss per share from continuing operations of INR 1.83 a year ago. Diluted earnings per share from continuing operations was INR 0.54 compared to diluted loss per share from continuing operations of INR 1.83 a year ago.