Sadbhav Engineering 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 4,324.6 million compared to INR 5,166.59 million a year ago. Revenue was INR 5,135.93 million compared to INR 6,048.96 million a year ago. Net loss was INR 1,321.01 million compared to net income of INR 264.07 million a year ago. Basic loss per share from continuing operations was INR 7.7 compared to basic earnings per share from continuing operations of INR 1.54 a year ago.
For the nine months, sales was INR 13,512.66 million compared to INR 12,509.95 million a year ago. Revenue was INR 15,963.03 million compared to INR 15,554.26 million a year ago. Net loss was INR 5,638.87 million compared to INR 1,477.66 million a year ago. Basic loss per share from continuing operations was INR 32.87 compared to INR 8.61 a year ago.