Alok 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 17,056.9 million compared to INR 21,296 million a year ago. Revenue was INR 17,098.7 million compared to INR 21,424.7 million a year ago. Net loss was INR 2,498.3 million compared to INR 0.9 million a year ago. Basic loss per share from continuing operations was INR 0.5 compared to INR 0.0002 a year ago. Diluted loss per share from continuing operations was INR 0.5 compared to INR 0.0002 a year ago.
For the nine months, sales was INR 53,757.9 million compared to INR 52,986.1 million a year ago. Revenue was INR 54,309.4 million compared to INR 53,229.6 million a year ago. Net loss was INR 5,829.1 million compared to INR 1,818.4 million a year ago. Basic loss per share from continuing operations was INR 1.17 compared to INR 0.37 a year ago. Diluted loss per share from continuing operations was INR 1.17 compared to INR 0.37 a year ago.