Synthiko Foils 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 49.23 million compared to INR 87.68 million a year ago. Revenue was INR 49.28 million compared to INR 87.78 million a year ago. Net loss was INR 1.2 million compared to net income of INR 2.53 million a year ago. Basic loss per share from continuing operations was INR 0.69 compared to basic earnings per share from continuing operations of INR 1.45 a year ago. Diluted loss per share from continuing operations was INR 0.69 compared to diluted earnings per share from continuing operations of INR 1.45 a year ago.
For the nine months, sales was INR 195.89 million compared to INR 225.77 million a year ago. Revenue was INR 196.13 million compared to INR 227.5 million a year ago. Net income was INR 0.774 million compared to INR 9.02 million a year ago. Basic earnings per share from continuing operations was INR 0.44 compared to INR 5.18 a year ago. Diluted earnings per share from continuing operations was INR 0.44 compared to INR 5.18 a year ago.