United Drilling Tools 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 339.54 million compared to INR 265.08 million a year ago. Revenue was INR 376.62 million compared to INR 266.72 million a year ago. Net income was INR 24.29 million compared to INR 20.84 million a year ago. Basic earnings per share from continuing operations was INR 1.19 compared to INR 1.02 a year ago. Diluted earnings per share from continuing operations was INR 1.19 compared to INR 1.02 a year ago.
For the nine months, sales was INR 829.26 million compared to INR 978.95 million a year ago. Revenue was INR 875.29 million compared to INR 982.88 million a year ago. Net income was INR 62.64 million compared to INR 74.51 million a year ago. Basic earnings per share from continuing operations was INR 3.06 compared to INR 3.66 a year ago. Diluted earnings per share from continuing operations was INR 3.06 compared to INR 3.66 a year ago.