Cheviot Company 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 1,176.73 million compared to INR 1,551.56 million a year ago. Revenue was INR 1,199.76 million compared to INR 1,595.1 million a year ago. Net income was INR 127.49 million compared to INR 166.57 million a year ago. Basic earnings per share from continuing operations was INR 21.19 compared to INR 26.58 a year ago. Diluted earnings per share from continuing operations was INR 21.19 compared to INR 26.58 a year ago.
For the nine months, sales was INR 4,287.6 million compared to INR 4,075.92 million a year ago. Revenue was INR 4,367.37 million compared to INR 4,300.52 million a year ago. Net income was INR 407.5 million compared to INR 642.72 million a year ago. Basic earnings per share from continuing operations was INR 67.73 compared to INR 102.56 a year ago. Diluted earnings per share from continuing operations was INR 67.73 compared to INR 102.56 a year ago.