Makers Laboratories 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 198.76 million compared to INR 294.73 million a year ago. Revenue was INR 201.42 million compared to INR 308.42 million a year ago. Net loss was INR 22.08 million compared to net income of INR 20.32 million a year ago. Basic loss per share from continuing operations was INR 3.65 compared to basic earnings per share from continuing operations of INR 3.96 a year ago.
For the nine months, sales was INR 718.29 million compared to INR 993.32 million a year ago. Revenue was INR 739.84 million compared to INR 1,018.67 million a year ago. Net loss was INR 44.69 million compared to net income of INR 55.88 million a year ago. Basic loss per share from continuing operations was INR 7.47 compared to basic earnings per share from continuing operations of INR 10.9 a year ago.