Scooters India Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 65.2 million compared to INR 1.72 million a year ago. Net income was INR 40.23 million compared to net loss of INR 23.1 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to INR 0.26 a year ago. Diluted loss per share from continuing operations was INR 0.07 compared to INR 0.26 a year ago.
For the nine months, revenue was INR 84.04 million compared to INR 15.82 million a year ago. Net income was INR 16.88 million compared to net loss of INR 95.78 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to basic loss per share from continuing operations of INR 1.1 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to diluted loss per share from continuing operations of INR 1.1 a year ago.