Mac Charles (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 24.12 million compared to INR 19.74 million a year ago. Revenue was INR 65.37 million compared to INR 59.38 million a year ago. Net loss was INR 219.58 million compared to INR 64.59 million a year ago. Basic loss per share from continuing operations was INR 16.76 compared to INR 4.93 a year ago. Diluted loss per share from continuing operations was INR 16.76 compared to INR 4.93 a year ago.
For the nine months, sales was INR 89.79 million compared to INR 91.85 million a year ago. Revenue was INR 228.95 million compared to INR 890.55 million a year ago. Net loss was INR 448.83 million compared to net income of INR 535.85 million a year ago. Basic loss per share from continuing operations was INR 34.26 compared to basic earnings per share from continuing operations of INR 40.9 a year ago. Diluted loss per share from continuing operations was INR 34.26 compared to diluted earnings per share from continuing operations of INR 40.9 a year ago.