Welspun Enterprises 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 6,924 million compared to INR 2,243.2 million a year ago. Revenue was INR 7,167.6 million compared to INR 2,374.9 million a year ago. Net income was INR 4,007 million compared to INR 125.5 million a year ago. Basic earnings per share from continuing operations was INR 26.75 compared to INR 0.12 a year ago. Diluted earnings per share from continuing operations was INR 26.69 compared to INR 0.12 a year ago. Basic earnings per share was INR 26.75 compared to INR 0.84 a year ago. Diluted earnings per share was INR 26.69 compared to INR 0.83 a year ago.
For the nine months, sales was INR 19,131 million compared to INR 8,661.2 million a year ago. Revenue was INR 19,851.7 million compared to INR 9,052.6 million a year ago. Net income was INR 5,812.6 million compared to INR 601.8 million a year ago. Basic earnings per share from continuing operations was INR 35.04 compared to INR 1.93 a year ago. Diluted earnings per share from continuing operations was INR 34.97 compared to INR 1.91 a year ago. Basic earnings per share was INR 38.76 compared to INR 4.04 a year ago. Diluted earnings per share was INR 38.68 compared to INR 4 a year ago.