Gayatri Highways 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 18.7 million compared to INR 13.17 million a year ago. Revenue was INR 45.87 million compared to INR 20.58 million a year ago. Net loss was INR 900.87 million compared to INR 732.15 million a year ago. Basic loss per share was INR 4.
For the nine months, sales was INR 61.46 million compared to INR 49.82 million a year ago. Revenue was INR 179.55 million compared to INR 68.73 million a year ago. Net loss was INR 2,375.87 million compared to INR 2,200.64 million a year ago. Basic loss per share was INR 10.68.