Panasonic Energy India Co. 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 658 million compared to INR 672.76 million a year ago. Revenue was INR 662.52 million compared to INR 684.63 million a year ago. Net loss was INR 15.83 million compared to net income of INR 31.7 million a year ago. Basic loss per share from continuing operations was INR 2.11 compared to basic earnings per share from continuing operations of INR 4.23 a year ago.
For the nine months, sales was INR 1,924.66 million compared to INR 1,818.88 million a year ago. Revenue was INR 1,941 million compared to INR 1,848.58 million a year ago. Net loss was INR 47.92 million compared to net income of INR 106.64 million a year ago. Basic loss per share from continuing operations was INR 6.39 compared to basic earnings per share from continuing operations of INR 14.22 a year ago.