TVS Electronics Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 884.4 million compared to INR 872.5 million a year ago. Revenue was INR 883.2 million compared to INR 876.3 million a year ago. Net income was INR 13.9 million compared to INR 51 million a year ago. Basic earnings per share from continuing operations was INR 0.74 compared to INR 2.73 a year ago. Diluted earnings per share from continuing operations was INR 0.74 compared to INR 2.73 a year ago.
For the nine months, sales was INR 2,677.9 million compared to INR 2,192.1 million a year ago. Revenue was INR 2,699.2 million compared to INR 2,202.9 million a year ago. Net income was INR 80.1 million compared to INR 106.1 million a year ago. Basic earnings per share from continuing operations was INR 4.3 compared to INR 5.69 a year ago. Diluted earnings per share from continuing operations was INR 4.3 compared to INR 5.69 a year ago.