Lyka Labs 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 325.64 million compared to INR 178.16 million a year ago. Revenue was INR 331.06 million compared to INR 188.8 million a year ago. Net income was INR 17.81 million compared to net loss of INR 104.16 million a year ago. Basic earnings per share from continuing operations was INR 0.53 compared to basic loss per share from continuing operations of INR 3.64 a year ago. Diluted earnings per share from continuing operations was INR 0.53 compared to diluted loss per share from continuing operations of INR 3.64 a year ago.
For the nine months, sales was INR 834.27 million compared to INR 708.34 million a year ago. Revenue was INR 845.91 million compared to INR 738.06 million a year ago. Net loss was INR 5.52 million compared to INR 102.04 million a year ago. Basic loss per share from continuing operations was INR 0.19 compared to INR 3.59 a year ago. Diluted loss per share from continuing operations was INR 0.19 compared to INR 3.59 a year ago.