SM Investments (PSE:SM) posted a 6% increase in net income for the January to September period, owing to higher revenue, according to a Wednesday Philippines Exchange filing.

The Philippine conglomerate's consolidated net income was 64.4 billion Philippine pesos, compared with 60.9 billion pesos a year earlier.

Revenue rose 4% year-over-year to 482.3 billion pesos from 462.5 billion pesos, the company said.