Satchmo Holdings 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 192.5 million compared to INR 166.8 million a year ago. Revenue was INR 202.2 million compared to INR 179.2 million a year ago. Net income was INR 6.8 million compared to net loss of INR 273.4 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to basic loss per share from continuing operations of INR 1.87 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to diluted loss per share from continuing operations of INR 1.87 a year ago.
For the nine months, sales was INR 399.1 million compared to INR 721.9 million a year ago. Revenue was INR 431.1 million compared to INR 2,580.8 million a year ago. Net loss was INR 1,400.8 million compared to net income of INR 2,403.6 million a year ago. Basic loss per share from continuing operations was INR 9.61 compared to basic earnings per share from continuing operations of INR 16.48 a year ago. Diluted loss per share from continuing operations was INR 9.61 compared to diluted earnings per share from continuing operations of INR 16.48 a year ago.