Rama Phosphates 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 1,161.75 million compared to INR 2,078.96 million a year ago. Revenue was INR 1,162.26 million compared to INR 2,079.53 million a year ago. Net loss was INR 297.44 million compared to net income of INR 81.21 million a year ago. Basic loss per share from continuing operations was INR 16.81 compared to basic earnings per share from continuing operations of INR 4.59 a year ago. Diluted loss per share from continuing operations was INR 16.81 compared to diluted earnings per share from continuing operations of INR 4.59 a year ago.
For the nine months, sales was INR 4,169.56 million compared to INR 6,324.54 million a year ago. Revenue was INR 4,174.67 million compared to INR 6,328.22 million a year ago. Net loss was INR 287.42 million compared to net income of INR 373.74 million a year ago. Basic loss per share from continuing operations was INR 16.24 compared to basic earnings per share from continuing operations of INR 21.12 a year ago. Diluted loss per share from continuing operations was INR 16.24 compared to diluted earnings per share from continuing operations of INR 21.12 a year ago.