IVRCL 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 337.67 million compared to INR 533.63 million a year ago. Revenue was INR 416.73 million compared to INR 548.02 million a year ago. Net loss was INR 5,773.03 million compared to INR 4,968.78 million a year ago. Basic loss per share from continuing operations was INR 7.37 compared to INR 6.36 a year ago.
For the nine months, sales was INR 512.05 million compared to INR 1,585.79 million a year ago. Revenue was INR 627.39 million compared to INR 1,648.99 million a year ago. Net loss was INR 16,806.76 million compared to INR 14,341.28 million a year ago. Basic loss per share from continuing operations was INR 21.46 compared to INR 18.35 a year ago.