MEP Infrastructure Developers 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 24.85 million compared to INR 2,396.77 million a year ago. Revenue was INR 82.51 million compared to INR 2,429.47 million a year ago. Net loss was INR 493.37 million compared to INR 121.85 million a year ago. Basic loss per share from continuing operations was INR 3.3 compared to INR 0.69 a year ago. Basic loss per share was INR 2.82 compared to INR 0.69 a year ago.
For the nine months, sales was INR 2,338.41 million compared to INR 7,335.66 million a year ago. Revenue was INR 2,465.43 million compared to INR 7,623.59 million a year ago. Net loss was INR 1,581.61 million compared to INR 586.82 million a year ago. Basic loss per share from continuing operations was INR 10.52 compared to INR 3.43 a year ago. Basic loss per share was INR 8.79 compared to INR 3.43 a year ago.