Alfa Transformers 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 133.69 million compared to INR 120.91 million a year ago. Revenue was INR 134.82 million compared to INR 121.84 million a year ago. Net income was INR 2.22 million compared to INR 8.73 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 0.95 a year ago.
For the nine months, sales was INR 396.2 million compared to INR 218.1 million a year ago. Revenue was INR 399.78 million compared to INR 219.6 million a year ago. Net income was INR 75.12 million compared to INR 8.14 million a year ago. Basic earnings per share from continuing operations was INR 8.21 compared to INR 0.89 a year ago.