Ajel 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 35.18 million compared to INR 16.26 million a year ago. Revenue was INR 35.18 million compared to INR 16.26 million a year ago. Net loss was INR 7.89 million compared to INR 0.584 million a year ago. Basic loss per share from continuing operations was INR 0.68 compared to INR 0.05 a year ago.
For the nine months, sales was INR 103.71 million compared to INR 44.92 million a year ago. Revenue was INR 103.85 million compared to INR 44.92 million a year ago. Net loss was INR 15.77 million compared to INR 0.226 million a year ago. Basic loss per share from continuing operations was INR 1.35 compared to INR 0.02 a year ago.