Akash Infra-Projects 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 52.84 million compared to INR 148.78 million a year ago. Revenue was INR 54.23 million compared to INR 149.81 million a year ago. Net loss was INR 21.44 million compared to net income of INR 2.65 million a year ago. Basic earnings per share from continuing operations was INR 1.26 compared to INR 0.22 a year ago. Diluted earnings per share from continuing operations was INR 1.26 compared to INR 0.22 a year ago.
For the nine months, sales was INR 442.98 million compared to INR 484.95 million a year ago. Revenue was INR 453.19 million compared to INR 493.95 million a year ago. Net loss was INR 29.13 million compared to net income of INR 13.74 million a year ago. Basic earnings per share from continuing operations was INR 1.71 compared to INR 0.83 a year ago. Diluted earnings per share from continuing operations was INR 1.71 compared to INR 0.83 a year ago.