Piramal Enterprises 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 168.1 million compared to INR 22.2 million a year ago. Revenue was INR 25,462 million compared to INR 28,667.3 million a year ago. Net loss was INR 23,775.9 million compared to net income of INR 35,453.7 million a year ago. Basic loss per share from continuing operations was INR 105.83 compared to basic earnings per share from continuing operations of INR 148.55 a year ago. Diluted loss per share from continuing operations was INR 105.83 compared to diluted earnings per share from continuing operations of INR 148.54 a year ago.
For the nine months, sales was INR 485.1 million compared to INR 27.2 million a year ago. Revenue was INR 76,502 million compared to INR 69,437.2 million a year ago. Net loss was INR 18,206.2 million compared to net income of INR 101,644.5 million a year ago. Basic loss per share from continuing operations was INR 78.01 compared to basic earnings per share from continuing operations of INR 425.89 a year ago. Diluted loss per share from continuing operations was INR 78.01 compared to diluted earnings per share from continuing operations of INR 425.85 a year ago.