Cheviot Company 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 984.12 million compared to INR 1,176.73 million a year ago. Revenue was INR 1,123.13 million compared to INR 1,207.63 million a year ago. Net income was INR 179.19 million compared to INR 127.49 million a year ago. Basic earnings per share from continuing operations was INR 29.78 compared to INR 21.19 a year ago. Diluted earnings per share from continuing operations was INR 29.78 compared to INR 21.19 a year ago.
For the nine months, sales was INR 3,399.63 million compared to INR 4,287.6 million a year ago. Revenue was INR 3,752.13 million compared to INR 4,373.1 million a year ago. Net income was INR 544.61 million compared to INR 407.5 million a year ago. Basic earnings per share from continuing operations was INR 90.51 compared to INR 67.73 a year ago. Diluted earnings per share from continuing operations was INR 90.51 compared to INR 67.73 a year ago.