Raw Edge Industrial Solutions 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 113.22 million compared to INR 135.27 million a year ago. Revenue was INR 113.38 million compared to INR 135.27 million a year ago. Net loss was INR 2.22 million compared to net income of INR 1.24 million a year ago. Basic loss per share from continuing operations was INR 0.221 compared to basic earnings per share from continuing operations of INR 0.123 a year ago. Diluted loss per share from continuing operations was INR 0.221 compared to diluted earnings per share from continuing operations of INR 0.123 a year ago.
For the nine months, sales was INR 417.34 million compared to INR 315.69 million a year ago. Revenue was INR 417.58 million compared to INR 315.73 million a year ago. Net income was INR 4.06 million compared to net loss of INR 12.99 million a year ago. Basic earnings per share from continuing operations was INR 0.403 compared to basic loss per share from continuing operations of INR 1.292 a year ago. Diluted earnings per share from continuing operations was INR 0.403 compared to diluted loss per share from continuing operations of INR 1.292 a year ago.