Coral Newsprints Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 0.158 million compared to INR 22.44 million a year ago. Revenue was INR 0.15798 million compared to INR 22.44 million a year ago. Net loss was INR 1.93 million compared to INR 8.8 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to INR 1.74 a year ago. Diluted loss per share from continuing operations was INR 0.38 compared to INR 1.74 a year ago.
For the nine months, sales was INR 8.64 million compared to INR 77.8 million a year ago. Revenue was INR 14.26 million compared to INR 77.81 million a year ago. Net loss was INR 7.71 million compared to INR 20.17 million a year ago. Basic loss per share from continuing operations was INR 1.53 compared to INR 3.99 a year ago. Diluted loss per share from continuing operations was INR 1.53 compared to INR 3.99 a year ago.