Suditi 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 166.29 million compared to INR 265.75 million a year ago. Revenue was INR 1,671.01 million compared to INR 266.52 million a year ago. Net loss was INR 20.14 million compared to INR 58.34 million a year ago. Basic earnings per share from continuing operations was INR 10.78 compared to basic loss per share from continuing operations of INR 2.23 a year ago. Diluted earnings per share from continuing operations was INR 10.78 compared to diluted loss per share from continuing operations of INR 2.23 a year ago.
For the nine months, sales was INR 554.8 million compared to INR 859.51 million a year ago. Revenue was INR 559.07 million compared to INR 862.01 million a year ago. Net loss was INR 74.9 million compared to INR 85.71 million a year ago. Basic loss per share from continuing operations was INR 2.91 compared to INR 3.26 a year ago. Diluted loss per share from continuing operations was INR 2.91 compared to INR 3.26 a year ago.