Organic Coatings 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 61.06 million compared to INR 49.67 million a year ago. Revenue was INR 61.47 million compared to INR 49.9 million a year ago. Net loss was INR 2.3 million compared to INR 3.32 million a year ago. Basic loss per share from continuing operations was INR 0.3 compared to INR 0.43 a year ago. Diluted loss per share from continuing operations was INR 0.3 compared to INR 0.43 a year ago.
For the nine months, sales was INR 177.96 million compared to INR 169.69 million a year ago. Revenue was INR 178.53 million compared to INR 171.18 million a year ago. Net loss was INR 6.98 million compared to INR 9.91 million a year ago. Basic loss per share from continuing operations was INR 0.91 compared to INR 1.29 a year ago. Diluted loss per share from continuing operations was INR 0.91 compared to INR 1.29 a year ago.