Sagar Cements 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 6,694.1 million compared to INR 5,757.3 million a year ago. Revenue was INR 6,731.4 million compared to INR 5,900.2 million a year ago. Net loss was INR 77.5 million compared to INR 185.1 million a year ago. Basic loss per share from continuing operations was INR 0.78 compared to INR 1.81 a year ago. Diluted loss per share from continuing operations was INR 0.78 compared to INR 1.81 a year ago.
For the nine months, sales was INR 17,959 million compared to INR 16,080 million a year ago. Revenue was INR 18,062.8 million compared to INR 16,496.6 million a year ago. Net loss was INR 556.5 million compared to INR 603.3 million a year ago. Basic loss per share from continuing operations was INR 4.79 compared to INR 6.07 a year ago. Diluted loss per share from continuing operations was INR 4.79 compared to INR 6.07 a year ago.