Nakoda Group of Industries 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 144.59 million compared to INR 174.16 million a year ago. Revenue was INR 144.6 million compared to INR 174.3 million a year ago. Net loss was INR 5.42 million compared to net income of INR 2.8 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to basic earnings per share from continuing operations of INR 0.25 a year ago. Diluted loss per share from continuing operations was INR 0.45 compared to diluted earnings per share from continuing operations of INR 0.25 a year ago.
For the nine months, sales was INR 364.75 million compared to INR 419.87 million a year ago. Revenue was INR 364.76 million compared to INR 420.14 million a year ago. Net loss was INR 8.65 million compared to net income of INR 7.53 million a year ago. Basic loss per share from continuing operations was INR 0.72 compared to basic earnings per share from continuing operations of INR 0.67 a year ago. Diluted loss per share from continuing operations was INR 0.72 compared to diluted earnings per share from continuing operations of INR 0.67 a year ago.