Lyka Labs 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 178.16 million compared to INR 355.74 million a year ago. Revenue was INR 188.8 million compared to INR 359.79 million a year ago. Net loss was INR 104.16 million compared to net income of INR 60.86 million a year ago. Basic loss per share from continuing operations was INR 3.64 compared to basic earnings per share from continuing operations of INR 2.11 a year ago.
For the nine months, sales was INR 708.34 million compared to INR 1,589 million a year ago. Revenue was INR 738.06 million compared to INR 1,604.61 million a year ago. Net loss was INR 102.04 million compared to net income of INR 540.7 million a year ago. Basic loss per share from continuing operations was INR 3.59 compared to basic earnings per share from continuing operations of INR 18.83 a year ago.