Xchanging Solutions 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 424.8 million compared to INR 413.6 million a year ago. Revenue was INR 471 million compared to INR 436.3 million a year ago. Net loss was INR 35.4 million compared to net income of INR 69.2 million a year ago. Basic loss per share from continuing operations was INR 0.32 compared to basic earnings per share from continuing operations of INR 0.62 a year ago. Diluted loss per share from continuing operations was INR 0.32 compared to diluted earnings per share from continuing operations of INR 0.62 a year ago.
For the nine months, sales was INR 1,299.6 million compared to INR 1,286.5 million a year ago. Revenue was INR 1,437.9 million compared to INR 1,359.7 million a year ago. Net income was INR 13.2 million compared to INR 338.8 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 3.04 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 3.04 a year ago.