Narmada Macplast Drip Irrigation Systems Ltd. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 24.78 million compared to INR 27.67 million a year ago. Revenue was INR 24.87 million compared to INR 27.85 million a year ago. Net loss was INR 0.618 million compared to net income of INR 1.24 million a year ago. Basic loss per share from continuing operations was INR 0.17 compared to basic earnings per share from continuing operations of INR 0.34 a year ago. Diluted loss per share from continuing operations was INR 0.17 compared to diluted earnings per share from continuing operations of INR 0.34 a year ago.
For the nine months, sales was INR 98.12 million compared to INR 87.79 million a year ago. Revenue was INR 99.82 million compared to INR 91.14 million a year ago. Net loss was INR 0.842 million compared to net income of INR 1.86 million a year ago. Basic loss per share from continuing operations was INR 0.23 compared to basic earnings per share from continuing operations of INR 0.51 a year ago. Diluted loss per share from continuing operations was INR 0.23 compared to diluted earnings per share from continuing operations of INR 0.51 a year ago.