Vaxtex Cotfab 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 20.79 million compared to INR 113.87 million a year ago. Revenue was INR 21 million compared to INR 113.87 million a year ago. Net loss was INR 86.3 million compared to net income of INR 0.89 million a year ago. Basic loss per share from continuing operations was INR 0.47 compared to basic earnings per share from continuing operations of INR 0.02 a year ago. Diluted loss per share from continuing operations was INR 0.47 compared to diluted earnings per share from continuing operations of INR 0.02 a year ago.
For the nine months, sales was INR 170.2 million compared to INR 590.51 million a year ago. Revenue was INR 171.06 million compared to INR 597.98 million a year ago. Net loss was INR 81.87 million compared to net income of INR 9.51 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to basic earnings per share from continuing operations of INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 0.54 compared to diluted earnings per share from continuing operations of INR 0.19 a year ago.