Kernex Microsystems (India) 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 21.07 million compared to INR 10.66 million a year ago. Revenue was INR 40.55 million compared to INR 20.83 million a year ago. Net loss was INR 36.34 million compared to INR 20.28 million a year ago. Basic loss per share from continuing operations was INR 2.66 compared to INR 1.64 a year ago.
For the nine months, sales was INR 35.22 million compared to INR 58.07 million a year ago. Revenue was INR 58.13 million compared to INR 71.95 million a year ago. Net loss was INR 115.71 million compared to INR 84.13 million a year ago. Basic loss per share from continuing operations was INR 8.44 compared to INR 6.73 a year ago.