Ace Integrated 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 23.7 million compared to INR 12.5 million a year ago. Revenue was INR 24 million compared to INR 12.6 million a year ago. Net loss was INR 1.6 million compared to net income of INR 0.5 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to basic earnings per share from continuing operations of INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 0.16 compared to diluted earnings per share from continuing operations of INR 0.05 a year ago.
For the nine months, sales was INR 58.2 million compared to INR 47.1 million a year ago. Revenue was INR 59 million compared to INR 48.5 million a year ago. Net loss was INR 3.2 million compared to net income of INR 2.1 million a year ago. Basic loss per share from continuing operations was INR 0.3 compared to basic earnings per share from continuing operations of INR 0.21 a year ago. Diluted loss per share from continuing operations was INR 0.3 compared to diluted earnings per share from continuing operations of INR 0.21 a year ago.