GVP Infotech 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 87.31 million compared to INR 53.11 million a year ago. Revenue was INR 87.39 million compared to INR 70.7 million a year ago. Net loss was INR 5.92 million compared to net income of INR 16.92 million a year ago. Basic loss per share from continuing operations was INR 0.04 compared to basic earnings per share from continuing operations of INR 0.1 a year ago. Diluted loss per share from continuing operations was INR 0.04 compared to diluted earnings per share from continuing operations of INR 0.1 a year ago.
For the nine months, sales was INR 266.36 million compared to INR 78.28 million a year ago. Revenue was INR 268.64 million compared to INR 116.17 million a year ago. Net loss was INR 1.97 million compared to net income of INR 31.32 million a year ago. Basic loss per share from continuing operations was INR 0.01 compared to basic earnings per share from continuing operations of INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 0.01 compared to diluted earnings per share from continuing operations of INR 0.19 a year ago.