Prajay Engineers Syndicate 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 57.92 million compared to INR 122.46 million a year ago. Revenue was INR 65.23 million compared to INR 127.19 million a year ago. Net loss was INR 47.76 million compared to INR 15.45 million a year ago. Basic loss per share from continuing operations was INR 0.69 compared to INR 0.23 a year ago. Diluted loss per share from continuing operations was INR 0.69 compared to INR 0.23 a year ago.
For the nine months, sales was INR 182.48 million compared to INR 394.86 million a year ago. Revenue was INR 202.19 million compared to INR 408.6 million a year ago. Net loss was INR 95.96 million compared to INR 8.59 million a year ago. Basic loss per share from continuing operations was INR 1.4. Diluted loss per share from continuing operations was INR 1.4.