Scooters India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 9.29 million compared to INR 65.2 million a year ago. Net loss was INR 7.59 million compared to net income of INR 40.23 million a year ago. Basic loss per share from continuing operations was INR 0.09 compared to INR 0.07 a year ago. Diluted loss per share from continuing operations was INR 0.09 compared to INR 0.07 a year ago.
For the nine months, revenue was INR 17.31 million compared to INR 84.04 million a year ago. Net loss was INR 176.81 million compared to net income of INR 16.88 million a year ago. Basic loss per share from continuing operations was INR 2.03 compared to basic earnings per share from continuing operations of INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 2.03 compared to diluted earnings per share from continuing operations of INR 0.19 a year ago.