IVRCL 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 157.41 million compared to INR 337.67 million a year ago. Revenue was INR 180.92 million compared to INR 416.73 million a year ago. Net loss was INR 6,997.77 million compared to INR 5,773.03 million a year ago. Basic loss per share from continuing operations was INR 8.94 compared to INR 7.37 a year ago. Diluted loss per share from continuing operations was INR 8.94 compared to INR 7.37 a year ago.
For the nine months, sales was INR 553.42 million compared to INR 512.05 million a year ago. Revenue was INR 660.61 million compared to INR 627.39 million a year ago. Net loss was INR 19,705.17 million compared to INR 16,806.76 million a year ago. Basic loss per share from continuing operations was INR 25.16 compared to INR 21.46 a year ago. Diluted loss per share from continuing operations was INR 25.16 compared to INR 21.46 a year ago.