Indo Rama Synthetics (India) 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 9,401 million compared to INR 8,896.8 million a year ago. Revenue was INR 9,443.6 million compared to INR 8,900.6 million a year ago. Net loss was INR 990.1 million compared to INR 659.3 million a year ago. Basic loss per share from continuing operations was INR 3.79 compared to INR 2.52 a year ago. Diluted loss per share from continuing operations was INR 3.79 compared to INR 2.52 a year ago.
For the nine months, sales was INR 29,691.4 million compared to INR 32,049 million a year ago. Revenue was INR 29,745.1 million compared to INR 32,242.9 million a year ago. Net loss was INR 1,629.6 million compared to INR 261.8 million a year ago. Basic loss per share from continuing operations was INR 6.24 compared to INR 1 a year ago. Diluted loss per share from continuing operations was INR 6.24 compared to INR 1 a year ago.