Gati Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 4,413.5 million compared to INR 4,137.6 million a year ago. Revenue was INR 4,442 million compared to INR 4,160.1 million a year ago. Net loss was INR 33.3 million compared to net income of INR 38.9 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to basic earnings per share from continuing operations of INR 0.31 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to diluted earnings per share from continuing operations of INR 0.3 a year ago. Basic loss per share was INR 0.26 compared to basic earnings per share of INR 0.31 a year ago. Diluted loss per share was INR 0.26 compared to diluted earnings per share of INR 0.3 a year ago.
For the nine months, sales was INR 13,075 million compared to INR 11,033.8 million a year ago. Revenue was INR 13,235.2 million compared to INR 11,086.8 million a year ago. Net income was INR 67.2 million compared to INR 312.6 million a year ago. Basic earnings per share from continuing operations was INR 0.54 compared to INR 2.81 a year ago. Diluted earnings per share from continuing operations was INR 0.54 compared to INR 2.75 a year ago. Basic earnings per share was INR 0.54 compared to INR 2.55 a year ago. Diluted earnings per share was INR 0.54 compared to INR 2.49 a year ago.