Madhav Copper Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 0.382126 million compared to INR 0.047388 million a year ago. Net income was INR 0.170923 million compared to net loss of INR 12.66 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to basic loss per share from continuing operations of INR 0.47 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to diluted loss per share from continuing operations of INR 0.47 a year ago.
For the nine months, revenue was INR 2.22 million compared to INR 1,232.23 million a year ago. Net loss was INR 32.56 million compared to INR 8.87 million a year ago. Basic loss per share from continuing operations was INR 1.2 compared to INR 0.33 a year ago. Diluted loss per share from continuing operations was INR 1.2 compared to INR 0.33 a year ago.