Baron Infotech Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net loss was INR 0.082 million compared to net income of INR 0.015 million a year ago. Basic loss per share from continuing operations was INR 0.01. Diluted loss per share from continuing operations was INR 0.01.
For the nine months, sales was INR 0.367 million compared to INR 1.05 million a year ago. Revenue was INR 0.367 million compared to INR 1.05 million a year ago. Net loss was INR 7.95 million compared to net income of INR 0.062 million a year ago. Basic loss per share from continuing operations was INR 0.78 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Diluted loss per share from continuing operations was INR 0.78 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago.