Medi-Caps 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 69.24 million compared to INR 109.33 million a year ago. Revenue was INR 71.61 million compared to INR 112.08 million a year ago. Net loss was INR 1.64 million compared to INR 13.38 million a year ago. Basic loss per share from continuing operations was INR 0.13 compared to INR 1.04 a year ago. Diluted loss per share from continuing operations was INR 0.13 compared to INR 1.04 a year ago. Basic loss per share was INR 0.13 compared to INR 1.07 a year ago. Diluted loss per share was INR 0.13 compared to INR 1.07 a year ago.
For the nine months, sales was INR 191.45 million compared to INR 383.94 million a year ago. Revenue was INR 197.08 million compared to INR 401.67 million a year ago. Net loss was INR 11.63 million compared to net income of INR 13.94 million a year ago. Basic loss per share from continuing operations was INR 0.93 compared to basic earnings per share from continuing operations of INR 1.2 a year ago. Diluted loss per share from continuing operations was INR 0.93 compared to diluted earnings per share from continuing operations of INR 1.2 a year ago. Basic loss per share was INR 0.93 compared to basic earnings per share of INR 1.12 a year ago. Diluted loss per share was INR 0.93 compared to diluted earnings per share of INR 1.12 a year ago.