Metalyst Forgings 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 579.3 million compared to INR 608.5 million a year ago. Revenue was INR 579.6 million compared to INR 609.4 million a year ago. Net loss was INR 617.9 million compared to INR 615 million a year ago. Basic loss per share from continuing operations was INR 14.19 compared to INR 14.12 a year ago. Diluted loss per share from continuing operations was INR 14.19 compared to INR 14.12 a year ago.
For the nine months, sales was INR 1,982.7 million compared to INR 1,702.2 million a year ago. Revenue was INR 1,984.7 million compared to INR 1,705.9 million a year ago. Net loss was INR 2,524.9 million compared to INR 1,872.2 million a year ago. Basic loss per share from continuing operations was INR 57.98 compared to INR 42.99 a year ago. Diluted loss per share from continuing operations was INR 57.98 compared to INR 42.99 a year ago.