Jain Irrigation Systems 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 20,166.4 million compared to INR 16,137.5 million a year ago. Revenue was INR 20,171.7 million compared to INR 16,197 million a year ago. Net loss was INR 488.5 million compared to INR 719 million a year ago. Basic loss per share from continuing operations was INR 0.8 compared to INR 1.39 a year ago. Diluted loss per share from continuing operations was INR 0.8 compared to INR 1.39 a year ago.
For the nine months, sales was INR 56,670.1 million compared to INR 50,358.6 million a year ago. Revenue was INR 56,813.1 million compared to INR 50,533.1 million a year ago. Net loss was INR 1,491.5 million compared to net income of INR 470.5 million a year ago. Basic loss per share from continuing operations was INR 2.4 compared to basic earnings per share from continuing operations of INR 0.91 a year ago. Diluted loss per share from continuing operations was INR 2.4 compared to diluted earnings per share from continuing operations of INR 0.91 a year ago.