Welspun Investments and Commercials Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 0.9 million compared to INR 1.24 million a year ago. Net loss was INR 0.04 million compared to INR 3.97 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to INR 1.09 a year ago. Diluted loss per share from continuing operations was INR 0.02 compared to INR 1.09 a year ago.
For the nine months, revenue was INR 42.2 million compared to INR 41.36 million a year ago. Net income was INR 29.76 million compared to INR 23.81 million a year ago. Basic earnings per share from continuing operations was INR 8.14 compared to INR 6.51 a year ago. Diluted earnings per share from continuing operations was INR 8.14 compared to INR 6.51 a year ago.