Flex Foods 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 245.8 million compared to INR 251.5 million a year ago. Revenue was INR 266.2 million compared to INR 258.9 million a year ago. Net loss was INR 42.3 million compared to net income of INR 14.9 million a year ago. Basic loss per share from continuing operations was INR 3.4 compared to basic earnings per share from continuing operations of INR 1.2 a year ago. Diluted loss per share from continuing operations was INR 3.4 compared to diluted earnings per share from continuing operations of INR 1.2 a year ago.
For the nine months, sales was INR 795.1 million compared to INR 806.5 million a year ago. Revenue was INR 831.8 million compared to INR 834.4 million a year ago. Net loss was INR 31.2 million compared to net income of INR 71.8 million a year ago. Basic loss per share from continuing operations was INR 2.51 compared to basic earnings per share from continuing operations of INR 5.77 a year ago. Diluted loss per share from continuing operations was INR 2.51 compared to diluted earnings per share from continuing operations of INR 5.77 a year ago.