Amal Ltd reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 181.65 million compared to INR 160.62 million a year ago. Revenue was INR 181.79 million compared to INR 160.69 million a year ago. Net loss was INR 43.76 million compared to net income of INR 29.1 million a year ago. Basic loss per share from continuing operations was INR 4.64 compared to basic earnings per share from continuing operations of INR 3.09 a year ago.
For the nine months, sales was INR 439.67 million compared to INR 299.07 million a year ago. Revenue was INR 440.04 million compared to INR 301.99 million a year ago. Net loss was INR 121.59 million compared to net income of INR 9.65 million a year ago. Basic loss per share from continuing operations was INR 12.9 compared to basic earnings per share from continuing operations of INR 1.02 a year ago.