Balkrishna Paper Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 214.8 million compared to INR 782.61 million a year ago. Revenue was INR 215.52 million compared to INR 791.43 million a year ago. Net loss was INR 137.25 million compared to INR 32.53 million a year ago. Basic loss per share from continuing operations was INR 12.78 compared to INR 3.03 a year ago. Diluted loss per share from continuing operations was INR 12.78 compared to INR 3.03 a year ago.
For the nine months, sales was INR 1,042.16 million compared to INR 1,924.73 million a year ago. Revenue was INR 1,045.49 million compared to INR 1,941.92 million a year ago. Net loss was INR 446.68 million compared to net income of INR 9.03 million a year ago. Basic loss per share from continuing operations was INR 41.59 compared to basic earnings per share from continuing operations of INR 0.84 a year ago. Diluted loss per share from continuing operations was INR 41.59 compared to diluted earnings per share from continuing operations of INR 0.84 a year ago.