Morgan Ventures Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported negative revenue was INR 29.22 million compared to revenue of INR 41.09 million a year ago. Net loss was INR 26.42 million compared to net income of INR 24.96 million a year ago. Basic loss per share from continuing operations was INR 2.67 compared to basic earnings per share from continuing operations of INR 2.5 a year ago. Diluted loss per share from continuing operations was INR 2.67 compared to diluted earnings per share from continuing operations of INR 2.5 a year ago.
For the nine months, revenue was INR 131.25 million compared to INR 104.34 million a year ago. Net income was INR 92.95 million compared to INR 77.55 million a year ago. Basic earnings per share from continuing operations was INR 9.39 compared to INR 7.75 a year ago. Diluted earnings per share from continuing operations was INR 9.39 compared to INR 7.75 a year ago.