Raama Paper Mills 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 25.88 million compared to INR 187.55 million a year ago. Revenue was INR 25.92 million compared to INR 187.64 million a year ago. Net loss was INR 52.54 million compared to net income of INR 2.7 million a year ago. Basic loss per share from continuing operations was INR 5.44 compared to basic earnings per share from continuing operations of INR 0.28 a year ago. Diluted loss per share from continuing operations was INR 5.44 compared to diluted earnings per share from continuing operations of INR 0.28 a year ago. Basic loss per share was INR 5.44 compared to basic earnings per share of INR 0.28 a year ago. Diluted loss per share was INR 5.44 compared to diluted earnings per share of INR 0.28 a year ago.
For the nine months, sales was INR 405.96 million compared to INR 452.92 million a year ago. Revenue was INR 448.14 million compared to INR 453.01 million a year ago. Net loss was INR 130.57 million compared to INR 118.45 million a year ago. Basic loss per share from continuing operations was INR 13.51 compared to INR 12.26 a year ago. Diluted loss per share from continuing operations was INR 13.51 compared to INR 12.26 a year ago. Basic loss per share was INR 13.51 compared to INR 12.26 a year ago. Diluted loss per share was INR 13.51 compared to INR 12.26 a year ago.