Mawana Sugars 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 3,259.9 million compared to INR 4,818.4 million a year ago. Revenue was INR 3,264.3 million compared to INR 4,825.6 million a year ago. Net income was INR 176.1 million compared to INR 53.1 million a year ago. Basic earnings per share from continuing operations was INR 4.5 compared to INR 1.36 a year ago.
For the nine months, sales was INR 10,329.1 million compared to INR 11,313.8 million a year ago. Revenue was INR 10,600.4 million compared to INR 11,336.2 million a year ago. Net loss was INR 94.3 million compared to INR 390.1 million a year ago. Basic loss per share from continuing operations was INR 2.41 compared to INR 9.97 a year ago.