Ecoboard Industries 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 87.91 million compared to INR 50.2 million a year ago. Revenue was INR 88.17 million compared to INR 51.41 million a year ago. Net loss was INR 2.18 million compared to INR 21.73 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to INR 1.22 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to INR 1.22 a year ago.
For the nine months, sales was INR 189.76 million compared to INR 327.88 million a year ago. Revenue was INR 190.64 million compared to INR 344.15 million a year ago. Net loss was INR 51.13 million compared to net income of INR 5.32 million a year ago. Basic loss per share from continuing operations was INR 2.87 compared to basic earnings per share from continuing operations of INR 0.3 a year ago. Diluted loss per share from continuing operations was INR 2.87 compared to diluted earnings per share from continuing operations of INR 0.3 a year ago.