B.A.G. Films and Media 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 231.87 million compared to INR 293.07 million a year ago. Revenue was INR 236.17 million compared to INR 293.54 million a year ago. Net loss was INR 6.01 million compared to net income of INR 30.79 million a year ago. Basic loss per share from continuing operations was INR 0.05 compared to basic earnings per share from continuing operations of INR 0.31 a year ago. Diluted loss per share from continuing operations was INR 0.05 compared to diluted earnings per share from continuing operations of INR 0.27 a year ago.
For the nine months, sales was INR 915.11 million compared to INR 745.01 million a year ago. Revenue was INR 921.64 million compared to INR 747.49 million a year ago. Net income was INR 45.4 million compared to net loss of INR 38.2 million a year ago. Basic earnings per share from continuing operations was INR 0.43 compared to basic loss per share from continuing operations of INR 0.27 a year ago. Diluted earnings per share from continuing operations was INR 0.37 compared to diluted loss per share from continuing operations of INR 0.27 a year ago.