Patspin India 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 100.3 million compared to INR 86.4 million a year ago. Revenue was INR 101.7 million compared to INR 86.8 million a year ago. Net loss was INR 17.3 million compared to net income of INR 26.2 million a year ago. Basic loss per share from continuing operations was INR 0.56 compared to basic earnings per share from continuing operations of INR 0.82 a year ago. Diluted loss per share from continuing operations was INR 0.56 compared to diluted earnings per share from continuing operations of INR 0.82 a year ago.
For the nine months, sales was INR 342.3 million compared to INR 521.9 million a year ago. Revenue was INR 345.2 million compared to INR 524.4 million a year ago. Net loss was INR 87.2 million compared to INR 123.6 million a year ago. Basic loss per share from continuing operations was INR 2.82 compared to INR 4.08 a year ago. Diluted loss per share from continuing operations was INR 2.82 compared to INR 4.08 a year ago.