Diana Tea Company 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 190.3 million compared to INR 280.55 million a year ago. Revenue was INR 196.18 million compared to INR 284.46 million a year ago. Net loss was INR 6.67 million compared to net income of INR 56.31 million a year ago. Basic loss per share from continuing operations was INR 0.44 compared to basic earnings per share from continuing operations of INR 3.76 a year ago.
For the nine months, sales was INR 675.7 million compared to INR 713.77 million a year ago. Revenue was INR 688.89 million compared to INR 724.17 million a year ago. Net income was INR 57.77 million compared to INR 164.39 million a year ago. Basic earnings per share from continuing operations was INR 3.85 compared to INR 10.97 a year ago.