Sumeet Industries 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 2,648.44 million compared to INR 2,044.49 million a year ago. Revenue was INR 2,649.01 million compared to INR 2,212.51 million a year ago. Net loss was INR 251.32 million compared to net income of INR 89.23 million a year ago. Basic loss per share from continuing operations was INR 2.32.
For the nine months, sales was INR 7,959.25 million compared to INR 6,108.81 million a year ago. Revenue was INR 7,962.79 million compared to INR 628,587.1 million a year ago. Net loss was INR 638.07 million compared to net income of INR 109.09 million a year ago. Basic loss per share from continuing operations was INR 6.3.