Mahindra & Mahindra 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 352,183.2 million compared to INR 306,201.9 million a year ago. Revenue was INR 358,099.1 million compared to INR 309,201.1 million a year ago. Net income was INR 26,584 million compared to INR 26,765.6 million a year ago. Basic earnings per share from continuing operations was INR 23.86 compared to INR 24.05 a year ago. Diluted earnings per share from continuing operations was INR 23.76 compared to INR 23.94 a year ago.
For the nine months, sales was INR 1,029,059.6 million compared to INR 889,029.5 million a year ago. Revenue was INR 1,055,358.2 million compared to INR 896,793.5 million a year ago. Net income was INR 85,145.6 million compared to INR 76,448.3 million a year ago. Basic earnings per share from continuing operations was INR 76.43 compared to INR 68.71 a year ago. Diluted earnings per share from continuing operations was INR 76.1 compared to INR 68.38 a year ago.