Raghuvir Synthetics 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 263.29 million compared to INR 693.69 million a year ago. Revenue was INR 271.11 million compared to INR 699.92 million a year ago. Net loss was INR 45.75 million compared to net income of INR 5.17 million a year ago. Basic loss per share from continuing operations was INR 1.18 compared to basic earnings per share from continuing operations of INR 0.13 a year ago. Diluted loss per share from continuing operations was INR 1.18 compared to diluted earnings per share from continuing operations of INR 0.13 a year ago.
For the nine months, sales was INR 555.01 million compared to INR 1,871.2 million a year ago. Revenue was INR 574.42 million compared to INR 1,890.1 million a year ago. Net loss was INR 123.3 million compared to net income of INR 51.97 million a year ago. Basic loss per share from continuing operations was INR 3.18 compared to basic earnings per share from continuing operations of INR 1.34 a year ago. Diluted loss per share from continuing operations was INR 3.18 compared to diluted earnings per share from continuing operations of INR 1.34 a year ago.