Ajel 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 16.26 million compared to INR 10.61 million a year ago. Revenue was INR 16.26 million compared to INR 10.61 million a year ago. Net loss was INR 0.584 million compared to net income of INR 0.129 million a year ago. Basic loss per share from continuing operations was INR 0.05 compared to basic earnings per share from continuing operations of INR 0.01 a year ago.
For the nine months, sales was INR 44.92 million compared to INR 30.17 million a year ago. Revenue was INR 44.92 million compared to INR 30.17 million a year ago. Net loss was INR 0.226 million compared to net income of INR 0.733 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to basic earnings per share from continuing operations of INR 0.06 a year ago.