The United Basalt Products Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MUR 1,008.55 million compared to MUR 892.69 million a year ago. Net loss was MUR 72.13 million compared to MUR 42.79 million a year ago. Basic loss per share was MUR 2.72 compared to MUR 1.61 a year ago.
For the nine months, sales was MUR 3,472.25 million compared to MUR 2,901.27 million a year ago. Net income was MUR 18.15 million compared to MUR 92.67 million a year ago. Basic earnings per share was MUR 0.68 compared to MUR 3.5 a year ago.