National Steel and Agro Industries 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 1,565.7 million compared to INR 1,827.6 million a year ago. Revenue was INR 1,660 million compared to INR 2,001.9 million a year ago. Net loss was INR 205.1 million compared to INR 284.4 million a year ago. Basic loss per share from continuing operations was INR 4.61 compared to INR 6.39 a year ago. Diluted loss per share from continuing operations was INR 4.61 compared to INR 6.39 a year ago.
For the nine months, sales was INR 4,310 million compared to INR 6,063.1 million a year ago. Revenue was INR 4,679.7 million compared to INR 6,569.4 million a year ago. Net loss was INR 477.9 million compared to INR 1,279.7 million a year ago. Basic loss per share from continuing operations was INR 10.74 compared to INR 28.76 a year ago. Diluted loss per share from continuing operations was INR 10.74 compared to INR 28.76 a year ago.