Precision Wires India 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 7,995.08 million compared to INR 6,985.43 million a year ago. Revenue was INR 8,048.32 million compared to INR 7,036.67 million a year ago. Net income was INR 180.45 million compared to INR 151.35 million a year ago. Basic earnings per share from continuing operations was INR 1.01 compared to INR 0.87 a year ago.
For the nine months, sales was INR 24,236.57 million compared to INR 22,413.08 million a year ago. Revenue was INR 24,370.1 million compared to INR 22,558.66 million a year ago. Net income was INR 509.37 million compared to INR 466.26 million a year ago. Basic earnings per share from continuing operations was INR 2.85 compared to INR 2.69 a year ago.