Madhucon Projects 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 2,309.67 million compared to INR 2,398.24 million a year ago. Revenue was INR 3,556.92 million compared to INR 2,449.03 million a year ago. Net loss was INR 429 million compared to INR 422.23 million a year ago. Basic loss per share from continuing operations was INR 5.81 compared to INR 5.72 a year ago.
For the nine months, sales was INR 7,168.96 million compared to INR 6,058.5 million a year ago. Revenue was INR 8,909.79 million compared to INR 6,504.54 million a year ago. Net loss was INR 663.27 million compared to INR 807.15 million a year ago. Basic loss per share from continuing operations was INR 8.99 compared to INR 10.94 a year ago.