Fedders Electric and Engineering 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 1,877.1 million compared to INR 247.6 million a year ago. Revenue was INR 1,915.4 million compared to INR 289.1 million a year ago. Net income was INR 410.1 million compared to INR 17.5 million a year ago. Basic earnings per share from continuing operations was INR 13.67 compared to INR 0.58 a year ago. Diluted earnings per share from continuing operations was INR 13.67 compared to INR 0.58 a year ago.
For the nine months, sales was INR 3,849.2 million compared to INR 590.3 million a year ago. Revenue was INR 4,155.2 million compared to INR 693.4 million a year ago. Net income was INR 772.3 million compared to INR 80 million a year ago. Basic earnings per share from continuing operations was INR 25.74 compared to INR 2.67 a year ago. Diluted earnings per share from continuing operations was INR 25.74 compared to INR 2.67 a year ago.