Rir Power Electronics 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 147.09 million compared to INR 140.61 million a year ago. Revenue was INR 149.56 million compared to INR 143 million a year ago. Net income was INR 11.16 million compared to INR 18.8 million a year ago. Basic earnings per share from continuing operations was INR 1.62 compared to INR 2.75 a year ago.
For the nine months, sales was INR 451.83 million compared to INR 410.79 million a year ago. Revenue was INR 465.84 million compared to INR 422.8 million a year ago. Net income was INR 42.52 million compared to INR 47.75 million a year ago. Basic earnings per share from continuing operations was INR 6.19 compared to INR 6.95 a year ago.