Valecha Engineering 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 425.9 million compared to INR 501.4 million a year ago. Revenue was INR 430.4 million compared to INR 506.6 million a year ago. Net loss was INR 280 million compared to INR 299.6 million a year ago.
For the nine months, sales was INR 945.9 million compared to INR 1,756.7 million a year ago. Revenue was INR 965.8 million compared to INR 1,784.9 million a year ago. Net loss was INR 857.7 million compared to INR 801.7 million a year ago.