Krishanveer Forge 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 189.56 million compared to INR 184.35 million a year ago. Revenue was INR 190.57 million compared to INR 185.86 million a year ago. Net loss was INR 1.72 million compared to net income of INR 10.7 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to basic earnings per share from continuing operations of INR 0.98 a year ago. Diluted loss per share from continuing operations was INR 0.16 compared to diluted earnings per share from continuing operations of INR 0.98 a year ago.
For the nine months, sales was INR 621.81 million compared to INR 439.9 million a year ago. Revenue was INR 624.95 million compared to INR 444.03 million a year ago. Net income was INR 0.3567 million compared to INR 23.4 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to INR 2.14 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 2.14 a year ago.