Radhe Developers (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 12.24 million compared to INR 49.7 million a year ago. Revenue was INR 12.3 million compared to INR 79.64 million a year ago. Net loss was INR 17.15 million compared to net income of INR 39.05 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to basic earnings per share from continuing operations of INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to diluted earnings per share from continuing operations of INR 0.08 a year ago. Basic loss per share was INR 0.03 compared to basic earnings per share of INR 0.08 a year ago. Diluted loss per share was INR 0.03 compared to diluted earnings per share of INR 0.08 a year ago.
For the nine months, sales was INR 24.71 million compared to INR 138.01 million a year ago. Revenue was INR 23.35 million compared to INR 167.96 million a year ago. Net loss was INR 36.34 million compared to net income of INR 65.74 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to basic earnings per share from continuing operations of INR 0.13 a year ago. Diluted loss per share from continuing operations was INR 0.07 compared to diluted earnings per share from continuing operations of INR 0.13 a year ago. Basic loss per share was INR 0.07 compared to basic earnings per share of INR 0.13 a year ago. Diluted loss per share was INR 0.07 compared to diluted earnings per share of INR 0.13 a year ago.