Shakti Pumps (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 4,956.21 million compared to INR 3,142.2 million a year ago. Revenue was INR 4,970.4 million compared to INR 3,150.96 million a year ago. Net income was INR 451.93 million compared to INR 112.47 million a year ago. Basic earnings per share from continuing operations was INR 24.59 compared to INR 6.12 a year ago. Diluted earnings per share from continuing operations was INR 24.59 compared to INR 6.12 a year ago.
For the nine months, sales was INR 7,614.62 million compared to INR 7,850.24 million a year ago. Revenue was INR 7,641.74 million compared to INR 7,876.96 million a year ago. Net income was INR 520.51 million compared to INR 218.84 million a year ago. Basic earnings per share from continuing operations was INR 28.32 compared to INR 11.91 a year ago. Diluted earnings per share from continuing operations was INR 28.32 compared to INR 11.91 a year ago.