MBL Infrastructures 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 394.6 million compared to INR 446.5 million a year ago. Revenue was INR 608.5 million compared to INR 748.4 million a year ago. Net loss was INR 109.9 million compared to net income of INR 8.1 million a year ago. Basic loss per share from continuing operations was INR 1.05 compared to basic earnings per share from continuing operations of INR 0.08 a year ago.
For the nine months, sales was INR 1,162.7 million compared to INR 1,292.7 million a year ago. Revenue was INR 1,808.7 million compared to INR 2,052.1 million a year ago. Net loss was INR 455 million compared to net income of INR 137.9 million a year ago. Basic loss per share from continuing operations was INR 4.34 compared to basic earnings per share from continuing operations of INR 1.33 a year ago.