Praxis Home Retail 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 640.38 million compared to INR 1,055.72 million a year ago. Revenue was INR 643.51 million compared to INR 1,063.75 million a year ago. Net loss was INR 185.46 million compared to INR 65.55 million a year ago. Basic loss per share from continuing operations was INR 1.48 compared to INR 0.87 a year ago. Diluted loss per share from continuing operations was INR 1.48.
For the nine months, sales was INR 1,733.98 million compared to INR 3,147 million a year ago. Revenue was INR 1,784.8 million compared to INR 3,196.3 million a year ago. Net loss was INR 521.98 million compared to INR 84.42 million a year ago. Basic loss per share from continuing operations was INR 5.19 compared to INR 1.12 a year ago. Diluted loss per share from continuing operations was INR 5.19.