Gayatri Highways 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 1.8 million compared to INR 18.7 million a year ago. Revenue was INR 7.98 million compared to INR 45.87 million a year ago. Net loss was INR 762.2 million compared to INR 957.91 million a year ago. Basic loss per share from continuing operations was INR 3.18 compared to INR 4 a year ago. Diluted loss per share from continuing operations was INR 3.18 compared to INR 4 a year ago.
For the nine months, sales was INR 5.4 million compared to INR 61.46 million a year ago. Revenue was INR 23.44 million compared to INR 179.55 million a year ago. Net loss was INR 2,728.63 million compared to INR 2,558.52 million a year ago. Basic loss per share from continuing operations was INR 11.39 compared to INR 10.68 a year ago. Diluted loss per share from continuing operations was INR 11.39 compared to INR 10.68 a year ago.