NRB Industrial Bearings 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 223.09 million compared to INR 181.99 million a year ago. Revenue was INR 230.43 million compared to INR 183.4 million a year ago. Net loss was INR 18.6 million compared to INR 30.11 million a year ago. Basic loss per share from continuing operations was INR 0.77 compared to INR 1.24 a year ago.
For the nine months, sales was INR 589.13 million compared to INR 494.62 million a year ago. Revenue was INR 601.95 million compared to INR 502.01 million a year ago. Net loss was INR 93.19 million compared to INR 86.38 million a year ago. Basic loss per share from continuing operations was INR 3.85 compared to INR 3.57 a year ago.