Sibar Auto Parts 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 60.26 million compared to INR 73.65 million a year ago. Revenue was INR 61.13 million compared to INR 73.65 million a year ago. Net loss was INR 1.15 million compared to net income of INR 0.567 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.07 compared to diluted earnings per share from continuing operations of INR 0.03 a year ago.
For the nine months, sales was INR 196.98 million compared to INR 149.7 million a year ago. Revenue was INR 199.22 million compared to INR 149.98 million a year ago. Net loss was INR 0.303 million compared to INR 6.6 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to INR 0.4 a year ago. Diluted loss per share from continuing operations was INR 0.02 compared to INR 0.4 a year ago.