Meera Industries 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 50.58 million compared to INR 86.45 million a year ago. Revenue was INR 50.55 million compared to INR 86.53 million a year ago. Net loss was INR 4.02 million compared to net income of INR 10.77 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to basic earnings per share from continuing operations of INR 1.01 a year ago. Diluted loss per share from continuing operations was INR 0.38 compared to diluted earnings per share from continuing operations of INR 1.01 a year ago.
For the nine months, sales was INR 156.71 million compared to INR 261.61 million a year ago. Revenue was INR 157.99 million compared to INR 263.54 million a year ago. Net loss was INR 10.45 million compared to net income of INR 28.24 million a year ago. Basic loss per share from continuing operations was INR 0.98 compared to basic earnings per share from continuing operations of INR 2.64 a year ago. Diluted loss per share from continuing operations was INR 0.98 compared to diluted earnings per share from continuing operations of INR 2.64 a year ago.