Johnson Controls-Hitachi Air Conditioning India 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 2,995.6 million compared to INR 5,182.6 million a year ago. Revenue was INR 3,019.1 million compared to INR 5,213 million a year ago. Net loss was INR 271.1 million compared to INR 261.6 million a year ago. Basic loss per share from continuing operations was INR 10 compared to INR 9.6 a year ago. Diluted loss per share from continuing operations was INR 10 compared to INR 9.6 a year ago.
For the nine months, sales was INR 11,468.9 million compared to INR 18,368.2 million a year ago. Revenue was INR 11,540.9 million compared to INR 18,464.8 million a year ago. Net loss was INR 1,245.3 million compared to INR 810.8 million a year ago. Basic loss per share from continuing operations was INR 45.8 compared to INR 29.8 a year ago. Diluted loss per share from continuing operations was INR 45.8 compared to INR 29.8 a year ago.