Divgi TorqTransfer Systems 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 630.49 million compared to INR 639.85 million a year ago. Revenue was INR 676.76 million compared to INR 651.58 million a year ago. Net income was INR 93.72 million compared to INR 120.49 million a year ago. Basic earnings per share from continuing operations was INR 3.06 compared to INR 4.38 a year ago. Diluted earnings per share from continuing operations was INR 3.06 compared to INR 4.38 a year ago.
For the nine months, sales was INR 1,883.6 million compared to INR 1,977.01 million a year ago. Revenue was INR 2,028.22 million compared to INR 2,027.05 million a year ago. Net income was INR 305.28 million compared to INR 377.13 million a year ago. Basic earnings per share from continuing operations was INR 9.98 compared to INR 13.7 a year ago. Diluted earnings per share from continuing operations was INR 9.98 compared to INR 13.7 a year ago.