DRC Systems 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 135.61 million compared to INR 86.4 million a year ago. Revenue was INR 136.12 million compared to INR 87.59 million a year ago. Net income was INR 51.03 million compared to INR 39.31 million a year ago. Basic earnings per share from continuing operations was INR 0.3833 compared to INR 0.33 a year ago. Diluted earnings per share from continuing operations was INR 0.38 compared to INR 0.3267 a year ago.
For the nine months, sales was INR 305.59 million compared to INR 188.52 million a year ago. Revenue was INR 306.38 million compared to INR 190.82 million a year ago. Net income was INR 76.99 million compared to INR 55.07 million a year ago. Basic earnings per share from continuing operations was INR 0.5833 compared to INR 0.4633 a year ago. Diluted earnings per share from continuing operations was INR 0.5767 compared to INR 0.4567 a year ago.