Galaxy Bearings 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 259.78 million compared to INR 269.55 million a year ago. Revenue was INR 282.1 million compared to INR 283.31 million a year ago. Net income was INR 50.46 million compared to INR 45.48 million a year ago. Basic earnings per share from continuing operations was INR 15.87 compared to INR 14.3 a year ago. Diluted earnings per share from continuing operations was INR 15.87 compared to INR 14.3 a year ago.
For the nine months, sales was INR 881.48 million compared to INR 756.56 million a year ago. Revenue was INR 932.59 million compared to INR 780.05 million a year ago. Net income was INR 127.28 million compared to INR 100.43 million a year ago. Basic earnings per share from continuing operations was INR 40.02 compared to INR 31.58 a year ago. Diluted earnings per share from continuing operations was INR 40.02 compared to INR 31.58 a year ago.