Cosyn 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 33.89 million compared to INR 32.9 million a year ago. Revenue was INR 34.54 million compared to INR 31.43 million a year ago. Net income was INR 0.039 million compared to INR 0.235 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.03 a year ago.
For the nine months, sales was INR 107.02 million compared to INR 114.3 million a year ago. Revenue was INR 108.99 million compared to INR 115.88 million a year ago. Net loss was INR 7.84 million compared to net income of INR 2.51 million a year ago. Basic loss per share from continuing operations was INR 1.05 compared to basic earnings per share from continuing operations of INR 0.33 a year ago. Diluted loss per share from continuing operations was INR 1.05 compared to diluted earnings per share from continuing operations of INR 0.33 a year ago.