Virat Industries 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 84.59 million compared to INR 141.37 million a year ago. Revenue was INR 88.54 million compared to INR 143.73 million a year ago. Net loss was INR 2.37 million compared to net income of INR 5.56 million a year ago. Basic loss per share from continuing operations was INR 0.47 compared to basic earnings per share from continuing operations of INR 1.11 a year ago.
For the nine months, sales was INR 266.95 million compared to INR 277.46 million a year ago. Revenue was INR 275.02 million compared to INR 282.17 million a year ago. Net income was INR 6.58 million compared to INR 10.85 million a year ago. Basic earnings per share from continuing operations was INR 1.36 compared to INR 2.16 a year ago.