Raj Packaging 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 107.05 million compared to INR 135.28 million a year ago. Revenue was INR 108.11 million compared to INR 135.48 million a year ago. Net loss was INR 2.48 million compared to net income of INR 6.18 million a year ago. Basic loss per share from continuing operations was INR 0.54 compared to basic earnings per share from continuing operations of INR 1.35 a year ago.
For the nine months, sales was INR 367.39 million compared to INR 359.06 million a year ago. Revenue was INR 368.57 million compared to INR 360.39 million a year ago. Net loss was INR 4.04 million compared to net income of INR 15.95 million a year ago. Basic loss per share from continuing operations was INR 0.88 compared to basic earnings per share from continuing operations of INR 3.49 a year ago.