Veer Energy & Infrastructure 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 19.7 million compared to INR 13.91 million a year ago. Revenue was INR 23.89 million compared to INR 17.27 million a year ago. Net income was INR 3.89 million compared to INR 1.16 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 0.0769 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 0.0769 a year ago.
For the nine months, sales was INR 42.8 million compared to INR 35.91 million a year ago. Revenue was INR 55.91 million compared to INR 46.76 million a year ago. Net loss was INR 5.85 million compared to net income of INR 5.29 million a year ago. Basic loss per share from continuing operations was INR 0.4 compared to basic earnings per share from continuing operations of INR 0.3538 a year ago. Diluted loss per share from continuing operations was INR 0.4 compared to diluted earnings per share from continuing operations of INR 0.3538 a year ago.