Ram Ratna Wires 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 6,124.21 million compared to INR 6,028.33 million a year ago. Revenue was INR 6,136.69 million compared to INR 6,045.03 million a year ago. Net income was INR 123.42 million compared to INR 158.89 million a year ago. Basic earnings per share from continuing operations was INR 2.8 compared to INR 3.61 a year ago.
For the nine months, sales was INR 19,251.85 million compared to INR 16,513.86 million a year ago. Revenue was INR 19,287.11 million compared to INR 16,560.39 million a year ago. Net income was INR 298.29 million compared to INR 356.95 million a year ago. Basic earnings per share from continuing operations was INR 6.78 compared to INR 8.11 a year ago.