Raw Edge Industrial 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 99.05 million compared to INR 113.22 million a year ago. Revenue was INR 99.12 million compared to INR 113.38 million a year ago. Net loss was INR 2.25 million compared to INR 2.22 million a year ago. Basic loss per share from continuing operations was INR 0.223 compared to INR 0.221 a year ago. Diluted loss per share from continuing operations was INR 0.223 compared to INR 0.221 a year ago.
For the nine months, sales was INR 318.51 million compared to INR 417.34 million a year ago. Revenue was INR 318.72 million compared to INR 417.58 million a year ago. Net loss was INR 11.62 million compared to net income of INR 4.06 million a year ago. Basic loss per share from continuing operations was INR 1.155 compared to basic earnings per share from continuing operations of INR 0.403 a year ago. Diluted loss per share from continuing operations was INR 1.155 compared to diluted earnings per share from continuing operations of INR 0.403 a year ago.