Rapicut Carbides 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 82.06 million compared to INR 68.5 million a year ago. Revenue was INR 82.07 million compared to INR 68.53 million a year ago. Net loss was INR 5.93 million compared to INR 2.85 million a year ago. Basic loss per share from continuing operations was INR 1.1 compared to INR 0.53 a year ago. Diluted loss per share from continuing operations was INR 1.1 compared to INR 0.53 a year ago.
For the nine months, sales was INR 238.68 million compared to INR 236.93 million a year ago. Revenue was INR 238.73 million compared to INR 237 million a year ago. Net loss was INR 10.16 million compared to INR 9.41 million a year ago. Basic loss per share from continuing operations was INR 1.89 compared to INR 1.75 a year ago. Diluted loss per share from continuing operations was INR 1.89 compared to INR 1.75 a year ago.