P G Foils Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 720.79 million compared to INR 1,206.16 million a year ago. Revenue was INR 743.84 million compared to INR 1,306.09 million a year ago. Net loss was INR 107.18 million compared to net income of INR 154.51 million a year ago. Basic loss per share from continuing operations was INR 12.05 compared to basic earnings per share from continuing operations of INR 19.05 a year ago.
For the nine months, sales was INR 2,649.77 million compared to INR 3,162.7 million a year ago. Revenue was INR 2,806.39 million compared to INR 3,417.29 million a year ago. Net income was INR 49.71 million compared to INR 469.8 million a year ago. Basic earnings per share from continuing operations was INR 5.2 compared to INR 57.93 a year ago. Diluted earnings per share from continuing operations was INR 4.66 compared to INR 57.93 a year ago.