Vineet Laboratories 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 326.47 million compared to INR 667.65 million a year ago. Revenue was INR 326.6 million compared to INR 667.67 million a year ago. Net loss was INR 20.66 million compared to net income of INR 13.93 million a year ago. Basic loss per share from continuing operations was INR 2.24 compared to basic earnings per share from continuing operations of INR 1.51 a year ago. Diluted loss per share from continuing operations was INR 2.24 compared to diluted earnings per share from continuing operations of INR 1.51 a year ago.
For the nine months, sales was INR 1,135.43 million. Revenue was INR 1,135.95 million. Net loss was INR 8.97 million. Basic loss per share from continuing operations was INR 0.97. Diluted loss per share from continuing operations was INR 0.97.