Warren Tea 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 143.7 million compared to INR 252.8 million a year ago. Revenue was INR 142 million compared to INR 252.2 million a year ago. Net loss was INR 130.8 million compared to INR 48.9 million a year ago. Basic loss per share from continuing operations was INR 10.95 compared to INR 4.09 a year ago.
For the nine months, sales was INR 564.5 million compared to INR 839.3 million a year ago. Revenue was INR 567.8 million compared to INR 842.1 million a year ago. Net loss was INR 82.7 million compared to INR 13.1 million a year ago. Basic loss per share from continuing operations was INR 6.92 compared to INR 1.1 a year ago.