MT Educare 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 108.78 million compared to INR 135.99 million a year ago. Revenue was INR 29.65 million compared to INR 142.78 million a year ago. Net loss was INR 74.2 million compared to INR 55.33 million a year ago. Basic loss per share from continuing operations was INR 1.03 compared to INR 0.77 a year ago. Diluted loss per share from continuing operations was INR 1.03 compared to INR 0.77 a year ago.
For the nine months, sales was INR 377.09 million compared to INR 490.51 million a year ago. Revenue was INR 409.49 million compared to INR 517.42 million a year ago. Net loss was INR 172.48 million compared to INR 133.28 million a year ago. Basic loss per share from continuing operations was INR 2.39 compared to INR 1.85 a year ago. Diluted loss per share from continuing operations was INR 2.39 compared to INR 1.85 a year ago.