City Online Services 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 25.22 million compared to INR 27.62 million a year ago. Revenue was INR 25.47 million compared to INR 29.92 million a year ago. Net income was INR 0.697 million compared to INR 1.61 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to INR 0.31 a year ago.
For the nine months, sales was INR 80.5 million compared to INR 74.49 million a year ago. Revenue was INR 82.93 million compared to INR 84.99 million a year ago. Net loss was INR 4.19 million compared to net income of INR 0.882 million a year ago. Basic loss per share from continuing operations was INR 0.81 compared to basic earnings per share from continuing operations of INR 0.17 a year ago. Diluted loss per share from continuing operations was INR 0.81 compared to diluted earnings per share from continuing operations of INR 0.17 a year ago.