Sainik Finance & Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 37.74 million compared to INR 46.9 million a year ago. Net loss was INR 3.97 million compared to net income of INR 8.09 million a year ago. Basic loss per share from continuing operations was INR 0.36 compared to basic earnings per share from continuing operations of INR 0.74 a year ago. Diluted loss per share from continuing operations was INR 0.36 compared to diluted earnings per share from continuing operations of INR 0.74 a year ago.
For the nine months, revenue was INR 116.33 million compared to INR 138.23 million a year ago. Net income was INR 15.14 million compared to net loss of INR 17.76 million a year ago. Basic earnings per share from continuing operations was INR 1.39 compared to basic loss per share from continuing operations of INR 1.63 a year ago. Diluted earnings per share from continuing operations was INR 1.39 compared to diluted loss per share from continuing operations of INR 1.63 a year ago.