Bang Overseas 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 368.17 million compared to INR 301.9 million a year ago. Revenue was INR 376.15 million compared to INR 309.35 million a year ago. Net loss was INR 32.2 million compared to net income of INR 0.992 million a year ago. Basic loss per share from continuing operations was INR 2.37 compared to basic earnings per share from continuing operations of INR 0.07 a year ago. Diluted loss per share from continuing operations was INR 2.37 compared to diluted earnings per share from continuing operations of INR 0.07 a year ago.
For the nine months, sales was INR 969.17 million compared to INR 847.59 million a year ago. Revenue was INR 994.4 million compared to INR 863.53 million a year ago. Net loss was INR 79.94 million compared to net income of INR 11.41 million a year ago. Basic loss per share from continuing operations was INR 5.9 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 5.9 compared to diluted earnings per share from continuing operations of INR 0.84 a year ago.