Eastern Treads 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 147.87 million compared to INR 153.58 million a year ago. Revenue was INR 149.43 million compared to INR 153.92 million a year ago. Net loss was INR 1.05 million compared to INR 17.4 million a year ago. Basic loss per share from continuing operations was INR 0.2 compared to INR 3.33 a year ago. Diluted loss per share from continuing operations was INR 0.2 compared to INR 3.33 a year ago.
For the nine months, sales was INR 447.59 million compared to INR 454.83 million a year ago. Revenue was INR 449.51 million compared to INR 455.52 million a year ago. Net loss was INR 22.42 million compared to INR 56.22 million a year ago. Basic loss per share from continuing operations was INR 4.29 compared to INR 10.74 a year ago. Diluted loss per share from continuing operations was INR 4.29 compared to INR 10.74 a year ago.