Palred Technologies 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 189.24 million compared to INR 308.59 million a year ago. Revenue was INR 199.05 million compared to INR 316 million a year ago. Net loss was INR 22.73 million compared to INR 5.6 million a year ago. Basic loss per share from continuing operations was INR 1.86 compared to INR 0.53 a year ago. Diluted loss per share from continuing operations was INR 1.86 compared to INR 0.53 a year ago.
For the nine months, sales was INR 936.55 million compared to INR 1,162.83 million a year ago. Revenue was INR 967.12 million compared to INR 1,182.68 million a year ago. Net loss was INR 27.9 million compared to net income of INR 9.64 million a year ago. Basic loss per share from continuing operations was INR 2.28 compared to basic earnings per share from continuing operations of INR 0.91 a year ago. Diluted loss per share from continuing operations was INR 2.28 compared to diluted earnings per share from continuing operations of INR 0.91 a year ago.