Garware Hi-Tech Films 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 4,536.2 million compared to INR 3,243.6 million a year ago. Revenue was INR 4,631.1 million compared to INR 3,318.5 million a year ago. Net income was INR 558.8 million compared to INR 304 million a year ago. Basic earnings per share from continuing operations was INR 24.05 compared to INR 13.09 a year ago. Diluted earnings per share from continuing operations was INR 24.05 compared to INR 13.09 a year ago.
For the nine months, sales was INR 12,304.4 million compared to INR 10,890 million a year ago. Revenue was INR 12,579.9 million compared to INR 11,140.3 million a year ago. Net income was INR 1,454.8 million compared to INR 1,230.7 million a year ago. Basic earnings per share from continuing operations was INR 62.62 compared to INR 52.97 a year ago. Diluted earnings per share from continuing operations was INR 62.62 compared to INR 52.97 a year ago.