Indian Bright Steel Company Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 0.041 million compared to INR 0.023 million a year ago. Net loss was INR 0.186 million compared to INR 0.521 million a year ago. Basic loss per share from continuing operations was INR 0.19 compared to INR 0.52 a year ago. Diluted loss per share from continuing operations was INR 0.19 compared to INR 0.52 a year ago.
For the nine months, revenue was INR 0.068 million compared to INR 0.184 million a year ago. Net loss was INR 0.699 million compared to INR 1.04 million a year ago. Basic loss per share from continuing operations was INR 0.7 compared to INR 1.04 a year ago. Diluted loss per share from continuing operations was INR 0.7 compared to INR 1.04 a year ago.