Lotus Chocolate 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 132.72 million compared to INR 224.21 million a year ago. Revenue was INR 133.67 million compared to INR 224.63 million a year ago. Net loss was INR 7.28 million compared to net income of INR 15.26 million a year ago. Basic loss per share from continuing operations was INR 0.57 compared to basic earnings per share from continuing operations of INR 1.19 a year ago. Diluted loss per share from continuing operations was INR 0.57 compared to diluted earnings per share from continuing operations of INR 1.19 a year ago.
For the nine months, sales was INR 503.86 million compared to INR 608.09 million a year ago. Revenue was INR 505.66 million compared to INR 609.06 million a year ago. Net loss was INR 11.5 million compared to net income of INR 40.16 million a year ago. Basic loss per share from continuing operations was INR 0.9 compared to basic earnings per share from continuing operations of INR 3.13 a year ago. Diluted loss per share from continuing operations was INR 0.9 compared to diluted earnings per share from continuing operations of INR 3.13 a year ago.