Jaiprakash Associates 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 15,025.9 million compared to INR 18,762.6 million a year ago. Revenue was INR 15,585.8 million compared to INR 19,331.1 million a year ago. Net loss was INR 4,738.3 million compared to INR 3,092.8 million a year ago. Basic loss per share from continuing operations was INR 1.67 compared to INR 0.81 a year ago. Diluted loss per share from continuing operations was INR 1.67 compared to INR 0.81 a year ago. Basic loss per share was INR 1.93 compared to INR 1.26 a year ago. Diluted loss per share was INR 1.93 compared to INR 1.26 a year ago.
For the nine months, sales was INR 48,271.6 million compared to INR 53,553.8 million a year ago. Revenue was INR 50,067.1 million compared to INR 55,083.3 million a year ago. Net loss was INR 9,005.5 million compared to INR 10,200.5 million a year ago. Basic loss per share from continuing operations was INR 3.01 compared to INR 2.62 a year ago. Diluted loss per share from continuing operations was INR 3.01 compared to INR 2.62 a year ago. Basic loss per share was INR 3.67 compared to INR 4.16 a year ago. Diluted loss per share was INR 3.67 compared to INR 4.16 a year ago.