Shree Rama Newsprint 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 200.7 million compared to INR 882.2 million a year ago. Revenue was INR 201.99 million compared to INR 884.37 million a year ago. Net loss was INR 68.06 million compared to INR 214.27 million a year ago. Basic loss per share from continuing operations was INR 0.46 compared to INR 1.45 a year ago. Diluted loss per share from continuing operations was INR 0.46 compared to INR 1.45 a year ago.
For the nine months, sales was INR 873.97 million compared to INR 2,997.2 million a year ago. Revenue was INR 89,103 million compared to INR 300,129.7 million a year ago. Net loss was INR 176.23 million compared to INR 621.45 million a year ago. Basic loss per share from continuing operations was INR 1.19 compared to INR 4.21 a year ago. Diluted loss per share from continuing operations was INR 1.19 compared to INR 4.21 a year ago.