Royal Cushion Vinyl Products 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 166.99 million compared to INR 117.2 million a year ago. Revenue was INR 168.57 million compared to INR 122.8 million a year ago. Net loss was INR 4.15 million compared to INR 28.1 million a year ago. Basic loss per share from continuing operations was INR 0.2 compared to INR 2.33 a year ago. Diluted loss per share from continuing operations was INR 0.2 compared to INR 2.33 a year ago.
For the nine months, sales was INR 380.43 million compared to INR 414.07 million a year ago. Revenue was INR 491 million compared to INR 586.44 million a year ago. Net income was INR 2,329.38 million compared to INR 31.2 million a year ago. Basic earnings per share from continuing operations was INR 109.86 compared to INR 2.59 a year ago. Diluted earnings per share from continuing operations was INR 109.86 compared to INR 2.59 a year ago.