Shree Renuka Sugars 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 25,516 million compared to INR 20,059 million a year ago. Revenue was INR 25,632 million compared to INR 20,253 million a year ago. Net income was INR 143 million compared to INR 428 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to INR 0.2 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to INR 0.2 a year ago.
For the nine months, sales was INR 66,922 million compared to INR 42,135 million a year ago. Revenue was INR 67,365 million compared to INR 43,109 million a year ago. Net loss was INR 2,398 million compared to INR 2,948 million a year ago. Basic loss per share from continuing operations was INR 1.13 compared to INR 1.39 a year ago. Diluted loss per share from continuing operations was INR 1.13 compared to INR 1.39 a year ago.