Walchandnagar 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 558.6 million compared to INR 729.8 million a year ago. Revenue was INR 626 million compared to INR 841.2 million a year ago. Net loss was INR 186.6 million compared to INR 55.1 million a year ago. Basic loss per share from continuing operations was INR 4.05 compared to INR 1.2 a year ago. Diluted loss per share from continuing operations was INR 4.05 compared to INR 1.2 a year ago.
For the nine months, sales was INR 2,109.7 million compared to INR 2,099.9 million a year ago. Revenue was INR 2,279.4 million compared to INR 2,293.5 million a year ago. Net loss was INR 382.2 million compared to INR 368.7 million a year ago. Basic loss per share from continuing operations was INR 8.31 compared to INR 8.04 a year ago. Diluted loss per share from continuing operations was INR 8.31 compared to INR 8.04 a year ago.