Sundaram Multi Pap 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 219.45 million compared to INR 220.17 million a year ago. Revenue was INR 219.46 million compared to INR 227.35 million a year ago. Net loss was INR 21.43 million compared to INR 15.64 million a year ago. Basic loss per share from continuing operations was INR 0.05 compared to INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.05 compared to INR 0.03 a year ago.
For the nine months, sales was INR 865.39 million compared to INR 733.6 million a year ago. Revenue was INR 867.76 million compared to INR 753 million a year ago. Net loss was INR 53.18 million compared to net income of INR 36.63 million a year ago. Basic loss per share from continuing operations was INR 0.11 compared to basic earnings per share from continuing operations of INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 0.11 compared to diluted earnings per share from continuing operations of INR 0.08 a year ago.