Andhra 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 979.2 million. Revenue was INR 983.6 million compared to negative revenue of INR 0.5 million a year ago. Net loss was INR 211.9 million compared to INR 574.3 million a year ago. Basic loss per share from continuing operations was INR 2.3 compared to INR 1.96 a year ago. Diluted loss per share from continuing operations was INR 2.3 compared to INR 1.96 a year ago.
For the nine months, sales was INR 1,762.7 million. Revenue was INR 1,773.2 million compared to INR 3.7 million a year ago. Net loss was INR 468.3 million compared to INR 1,723.9 million a year ago. Basic loss per share from continuing operations was INR 5.08 compared to INR 5.87 a year ago. Diluted loss per share from continuing operations was INR 5.08 compared to INR 5.87 a year ago.