McNally Bharat Engineering Company 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 399.55 million compared to INR 1,113.12 million a year ago. Revenue was INR 513.36 million compared to INR 1,298.98 million a year ago. Net loss was INR 2,026.91 million compared to INR 7,559.27 million a year ago. Basic loss per share from continuing operations was INR 9.54 compared to INR 35.73 a year ago. Diluted loss per share from continuing operations was INR 9.54 compared to INR 35.73 a year ago.
For the nine months, sales was INR 1,277.59 million compared to INR 2,904.44 million a year ago. Revenue was INR 1,604.74 million compared to INR 3,318.92 million a year ago. Net loss was INR 6,313.97 million compared to INR 20,416.21 million a year ago. Basic loss per share from continuing operations was INR 29.85 compared to INR 96.5 a year ago. Diluted loss per share from continuing operations was INR 29.85 compared to INR 96.5 a year ago.