MEP Infrastructure Developers 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 186.49 million compared to INR 24.85 million a year ago. Revenue was INR 189.1 million compared to INR 82.51 million a year ago. Net loss was INR 1,161.73 million compared to INR 493.37 million a year ago. Basic loss per share from continuing operations was INR 5.82 compared to INR 3.3 a year ago. Diluted loss per share from continuing operations was INR 5.82 compared to INR 3.3 a year ago. Basic loss per share was INR 6.29 compared to INR 2.82 a year ago. Diluted loss per share was INR 6.29 compared to INR 2.82 a year ago.
For the nine months, sales was INR 383.86 million compared to INR 2,338.41 million a year ago. Revenue was INR 433.79 million compared to INR 2,465.43 million a year ago. Net loss was INR 2,093.97 million compared to INR 1,581.61 million a year ago. Basic loss per share from continuing operations was INR 12.54 compared to INR 10.52 a year ago. Diluted loss per share from continuing operations was INR 12.54 compared to INR 10.52 a year ago. Basic loss per share was INR 11.34 compared to INR 8.79 a year ago. Diluted loss per share was INR 11.34 compared to INR 8.79 a year ago.