TVS Supply Chain Solutions 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 22,218.4 million compared to INR 23,734.1 million a year ago. Revenue was INR 22,434.5 million compared to INR 24,011 million a year ago. Net income was INR 95.6 million compared to INR 160.3 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to INR 0.47 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to INR 0.46 a year ago. Basic earnings per share was INR 0.22 compared to INR 0.44 a year ago. Diluted earnings per share was INR 0.22 compared to INR 0.43 a year ago.
For the nine months, sales was INR 67,736.7 million compared to INR 76,727.7 million a year ago. Revenue was INR 68,217.7 million compared to INR 77,374.8 million a year ago. Net loss was INR 1,055.3 million compared to net income of INR 512.6 million a year ago. Basic loss per share from continuing operations was INR 1.75 compared to basic earnings per share from continuing operations of INR 1.46 a year ago. Diluted loss per share from continuing operations was INR 1.75 compared to diluted earnings per share from continuing operations of INR 1.43 a year ago. Basic loss per share was INR 2.54 compared to basic earnings per share of INR 1.38 a year ago. Diluted loss per share was INR 2.54 compared to diluted earnings per share of INR 1.36 a year ago.