Shreyas Shipping and Logistics Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 717.6 million compared to INR 1,149.3 million a year ago. Revenue was INR 743.4 million compared to INR 1,179.3 million a year ago. Net loss was INR 194.8 million compared to net income of INR 450.1 million a year ago. Basic loss per share from continuing operations was INR 8.87 compared to basic earnings per share from continuing operations of INR 20.5 a year ago. Diluted loss per share from continuing operations was INR 8.87 compared to diluted earnings per share from continuing operations of INR 20.5 a year ago.
For the nine months, sales was INR 1,927.7 million compared to INR 4,026.9 million a year ago. Revenue was INR 2,214.4 million compared to INR 4,087.1 million a year ago. Net loss was INR 533.9 million compared to net income of INR 1,788.5 million a year ago. Basic loss per share from continuing operations was INR 24.32 compared to basic earnings per share from continuing operations of INR 81.45 a year ago. Diluted loss per share from continuing operations was INR 24.32 compared to diluted earnings per share from continuing operations of INR 81.45 a year ago.