Panyam Cements & Mineral Industries 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 148.76 million. Revenue was INR 149.24 million compared to INR 0.021 million a year ago. Net loss was INR 134.47 million compared to INR 23.26 million a year ago. Basic loss per share from continuing operations was INR 335.28 compared to INR 57.99 a year ago.
For the nine months, sales was INR 361.58 million. Revenue was INR 362.24 million compared to INR 2,838.12 million a year ago. Net loss was INR 275.06 million compared to net income of INR 2,359.22 million a year ago. Basic loss per share from continuing operations was INR 685.81 compared to basic earnings per share from continuing operations of INR 5,882.31 a year ago.