Rane Brake Lining Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 09, 2023 at 02:04 am EST
Rane Brake Lining 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 1,533.3 million compared to INR 1,344.7 million a year ago. Revenue was INR 1,546.3 million compared to INR 1,371.5 million a year ago. Net income was INR 91.7 million compared to INR 68.7 million a year ago. Basic earnings per share from continuing operations was INR 11.87 compared to INR 8.88 a year ago. Diluted earnings per share from continuing operations was INR 11.87 compared to INR 8.88 a year ago.
For the nine months, the company reported sales was INR 4,339.3 million compared to INR 3,512.5 million a year ago. Revenue was INR 4,412.4 million compared to INR 3,612.4 million a year ago. Net income was INR 214.4 million compared to INR 140.1 million a year ago. Basic earnings per share from continuing operations was INR 27.74 compared to INR 18.12 a year ago. Diluted earnings per share from continuing operations was INR 27.74 compared to INR 18.12 a year ago.