CMI 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 19 million compared to INR 148.48 million a year ago. Revenue was INR 19.24 million compared to INR 154.01 million a year ago. Net loss was INR 69.91 million compared to INR 112.52 million a year ago. Basic loss per share from continuing operations was INR 4.36 compared to INR 7.02 a year ago. Diluted loss per share from continuing operations was INR 4.36 compared to INR 7.02 a year ago.
For the nine months, sales was INR 118.67 million compared to INR 597.04 million a year ago. Revenue was INR 123.14 million compared to INR 610.71 million a year ago. Net loss was INR 262.94 million compared to INR 1,038.65 million a year ago. Basic loss per share from continuing operations was INR 16.41 compared to INR 64.8 a year ago. Diluted loss per share from continuing operations was INR 16.41 compared to INR 64.8 a year ago.