Steel Strips Infrastructures Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 3.38 million compared to INR 2.82 million a year ago. Net loss was INR 66.59 million compared to net income of INR 1.62 million a year ago. Basic loss per share from continuing operations was INR 7.7 compared to basic earnings per share from continuing operations of INR 0.19 a year ago.
For the nine months, revenue was INR 9.49 million compared to INR 8.62 million a year ago. Net income was INR 388.01 million compared to net loss of INR 9.78 million a year ago. Basic earnings per share from continuing operations was INR 44.89 compared to basic loss per share from continuing operations of INR 1.13 a year ago.