Oswal Agro Mills 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 4.42 million compared to INR 47.91 million a year ago. Revenue was INR 32.78 million compared to INR 78.96 million a year ago. Net loss was INR 1.66 million compared to net income of INR 62.78 million a year ago. Basic loss per share from continuing operations was INR 0.01 compared to basic earnings per share from continuing operations of INR 0.47 a year ago. Diluted loss per share from continuing operations was INR 0.01 compared to diluted earnings per share from continuing operations of INR 0.47 a year ago.
For the nine months, sales was INR 12.52 million compared to INR 47.91 million a year ago. Revenue was INR 87.24 million compared to INR 274.39 million a year ago. Net income was INR 34.31 million compared to INR 257.62 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 1.92 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 1.92 a year ago.