JK Tyre & Industries 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 36,877.2 million compared to INR 36,129.2 million a year ago. Revenue was INR 37,003.2 million compared to INR 36,226.2 million a year ago. Net income was INR 2,209.2 million compared to INR 655.9 million a year ago. Basic earnings per share from continuing operations was INR 8.47 compared to INR 2.66 a year ago. Diluted earnings per share from continuing operations was INR 8.44 compared to INR 2.66 a year ago.
For the nine months, sales was INR 113,033.3 million compared to INR 110,124.7 million a year ago. Revenue was INR 113,320.5 million compared to INR 110,365.4 million a year ago. Net income was INR 6,169 million compared to INR 1,541 million a year ago. Basic earnings per share from continuing operations was INR 23.73 compared to INR 6.26 a year ago. Diluted earnings per share from continuing operations was INR 23.64 compared to INR 6.26 a year ago.