SEL Manufacturing 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 118.09 million compared to INR 1,425.66 million a year ago. Revenue was INR 183.84 million compared to INR 1,430.47 million a year ago. Net loss was INR 279.32 million compared to INR 452.04 million a year ago. Basic loss per share from continuing operations was INR 8.43 compared to INR 13.64 a year ago. Diluted loss per share from continuing operations was INR 8.43 compared to INR 13.64 a year ago.
For the nine months, sales was INR 3,462.64 million compared to INR 3,260.58 million a year ago. Revenue was INR 3,542.99 million compared to INR 3,473.6 million a year ago. Net loss was INR 1,514.27 million compared to INR 1,238.74 million a year ago. Basic loss per share from continuing operations was INR 45.7 compared to INR 37.38 a year ago. Diluted loss per share from continuing operations was INR 45.7 compared to INR 37.38 a year ago.