Galaxy Bearings 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 269.55 million compared to INR 276.16 million a year ago. Revenue was INR 283.31 million compared to INR 278.75 million a year ago. Net income was INR 45.48 million compared to INR 31.77 million a year ago. Basic earnings per share from continuing operations was INR 14.3 compared to INR 9.99 a year ago. Diluted earnings per share from continuing operations was INR 14.3 compared to INR 9.99 a year ago.
For the nine months, sales was INR 756.56 million compared to INR 697.09 million a year ago. Revenue was INR 780.05 million compared to INR 704.55 million a year ago. Net income was INR 100.42 million compared to INR 86.99 million a year ago. Basic earnings per share from continuing operations was INR 31.58 compared to INR 27.36 a year ago. Diluted earnings per share from continuing operations was INR 31.58 compared to INR 27.36 a year ago.