Esaar (India) 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 7.33 million compared to INR 48.52 million a year ago. Revenue was INR 8.17 million compared to INR 56.17 million a year ago. Net loss was INR 31.76 million compared to net income of INR 7.55 million a year ago. Basic loss per share from continuing operations was INR 1.55 compared to basic earnings per share from continuing operations of INR 0.37 a year ago. Diluted loss per share from continuing operations was INR 1.55 compared to diluted earnings per share from continuing operations of INR 0.37 a year ago.
For the nine months, sales was INR 60.66 million compared to INR 145.06 million a year ago. Revenue was INR 66.91 million compared to INR 152.73 million a year ago. Net loss was INR 33.17 million compared to net income of INR 15.5 million a year ago. Basic loss per share from continuing operations was INR 1.62 compared to basic earnings per share from continuing operations of INR 0.76 a year ago. Diluted loss per share from continuing operations was INR 1.62 compared to diluted earnings per share from continuing operations of INR 0.76 a year ago.