Madhav Marbles and Granites 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 91.97 million compared to INR 113.71 million a year ago. Revenue was INR 108.56 million compared to INR 122.01 million a year ago. Net loss was INR 16.99 million compared to INR 15.82 million a year ago. Basic loss per share from continuing operations was INR 1.9 compared to INR 1.77 a year ago. Diluted loss per share from continuing operations was INR 1.9 compared to INR 1.77 a year ago.
For the nine months, sales was INR 356.13 million compared to INR 417.89 million a year ago. Revenue was INR 392.48 million compared to INR 444.42 million a year ago. Net loss was INR 24.41 million compared to INR 17.65 million a year ago. Basic loss per share from continuing operations was INR 2.73 compared to INR 1.97 a year ago. Diluted loss per share from continuing operations was INR 2.73 compared to INR 1.97 a year ago.