Tera Software 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 218.47 million compared to INR 378.34 million a year ago. Revenue was INR 530.65 million compared to INR 387.05 million a year ago. Net income was INR 12.9 million compared to INR 2.91 million a year ago. Basic earnings per share from continuing operations was INR 1.03 compared to INR 0.23 a year ago. Diluted earnings per share from continuing operations was INR 1.03 compared to INR 0.23 a year ago.
For the nine months, sales was INR 764.99 million compared to INR 887.91 million a year ago. Revenue was INR 1,093.87 million compared to INR 920.15 million a year ago. Net loss was INR 0.347 million compared to INR 14.9 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to INR 1.19 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to INR 1.19 a year ago.