Indosolar Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 0.858 million compared to INR 2.09 million a year ago. Net loss was INR 50.28 million compared to INR 5.48 million a year ago. Basic loss per share from continuing operations was INR 1.21 compared to INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 1.21 compared to INR 0.09 a year ago.
For the nine months, revenue was INR 1.82 million compared to INR 10.23 million a year ago. Net loss was INR 106.28 million compared to net income of INR 10,896.98 million a year ago. Basic loss per share from continuing operations was INR 2.55 compared to basic earnings per share from continuing operations of INR 179.77 a year ago. Diluted loss per share from continuing operations was INR 2.55 compared to diluted earnings per share from continuing operations of INR 179.77 a year ago.