The Peria Karamalai Tea and Produce Company 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 136.44 million compared to INR 108.75 million a year ago. Revenue was INR 138.46 million compared to INR 109.77 million a year ago. Net income was INR 0.317 million compared to net loss of INR 22.07 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to basic loss per share from continuing operations of INR 7.13 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to diluted loss per share from continuing operations of INR 7.13 a year ago.
For the nine months, sales was INR 398.07 million compared to INR 357.65 million a year ago. Revenue was INR 401.81 million compared to INR 365.72 million a year ago. Net loss was INR 20.02 million compared to net income of INR 37.73 million a year ago. Basic loss per share from continuing operations was INR 6.47 compared to basic earnings per share from continuing operations of INR 12.19 a year ago. Diluted loss per share from continuing operations was INR 6.47 compared to diluted earnings per share from continuing operations of INR 12.19 a year ago.