James Warren Tea 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 374.55 million compared to INR 363.86 million a year ago. Revenue was INR 400.36 million compared to INR 385.19 million a year ago. Net loss was INR 50.02 million compared to INR 123.68 million a year ago. Basic loss per share from continuing operations was INR 13.52 compared to INR 28.11 a year ago. Diluted loss per share from continuing operations was INR 13.52 compared to INR 28.11 a year ago.
For the nine months, sales was INR 1,116.41 million compared to INR 1,211.56 million a year ago. Revenue was INR 1,245.39 million compared to INR 1,286.74 million a year ago. Net income was INR 100.32 million compared to INR 225.09 million a year ago. Basic earnings per share from continuing operations was INR 24.9 compared to INR 51.16 a year ago. Diluted earnings per share from continuing operations was INR 24.9 compared to INR 51.16 a year ago.