Rapid Investments 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 0.703 million compared to INR 1.48 million a year ago. Revenue was INR 0.703 million compared to INR 1.49 million a year ago. Net income was INR 0.016 million compared to INR 0.005 million a year ago. Basic earnings per share from continuing operations was INR 0.01. Diluted earnings per share from continuing operations was INR 0.01.
For the nine months, sales was INR 2.15 million compared to INR 3.67 million a year ago. Revenue was INR 2.26 million compared to INR 3.67 million a year ago. Net loss was INR 0.096 million compared to net income of INR 0.017 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 0.01 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 0.01 a year ago.