Ambica Agarbathies Aroma & Industries 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 289.34 million compared to INR 319.47 million a year ago. Revenue was INR 289.68 million compared to INR 326.65 million a year ago. Net loss was INR 7.66 million compared to net income of INR 16.74 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to basic earnings per share from continuing operations of INR 0.98 a year ago. Diluted loss per share from continuing operations was INR 0.45 compared to diluted earnings per share from continuing operations of INR 0.98 a year ago.
For the nine months, sales was INR 744.94 million compared to INR 820.77 million a year ago. Revenue was INR 750.25 million compared to INR 855.54 million a year ago. Net loss was INR 38.79 million compared to net income of INR 7.52 million a year ago. Basic loss per share from continuing operations was INR 2.26 compared to basic earnings per share from continuing operations of INR 0.44 a year ago. Diluted loss per share from continuing operations was INR 2.26 compared to diluted earnings per share from continuing operations of INR 0.44 a year ago.