James Warren Tea 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 363.86 million compared to INR 379.86 million a year ago. Revenue was INR 385.19 million compared to INR 380.17 million a year ago. Net loss was INR 123.68 million compared to INR 47.06 million a year ago. Basic loss per share from continuing operations was INR 28.11 compared to INR 8.98 a year ago. Diluted loss per share from continuing operations was INR 28.11 compared to INR 8.98 a year ago.
For the nine months, sales was INR 1,211.56 million compared to INR 1,035.64 million a year ago. Revenue was INR 1,286.74 million compared to INR 1,058.33 million a year ago. Net income was INR 225.09 million compared to INR 143.04 million a year ago. Basic earnings per share from continuing operations was INR 51.16 compared to INR 27.28 a year ago. Diluted earnings per share from continuing operations was INR 51.16 compared to INR 27.28 a year ago.