GMR Power And Urban Infra 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 11,027.9 million compared to INR 14,429.7 million a year ago. Revenue was INR 12,092.2 million compared to INR 14,991.1 million a year ago. Net income was INR 453.8 million compared to INR 3,605.3 million a year ago. Basic earnings per share from continuing operations was INR 0.75 compared to INR 6.14 a year ago. Diluted earnings per share from continuing operations was INR 0.75 compared to INR 6.14 a year ago. Basic earnings per share was INR 0.75 compared to INR 5.97 a year ago. Diluted earnings per share was INR 0.75 compared to INR 5.97 a year ago.
For the nine months, sales was INR 28,545 million compared to INR 40,923.7 million a year ago. Revenue was INR 30,782.6 million compared to INR 43,894.3 million a year ago. Net loss was INR 2,652.1 million compared to net income of INR 16,558.8 million a year ago. Basic loss per share from continuing operations was INR 4.12 compared to basic earnings per share from continuing operations of INR 27.88 a year ago. Diluted loss per share from continuing operations was INR 4.12 compared to diluted earnings per share from continuing operations of INR 26.92 a year ago. Basic loss per share was INR 4.39 compared to basic earnings per share of INR 27.43 a year ago. Diluted loss per share was INR 4.39 compared to diluted earnings per share of INR 26.55 a year ago.