Sibar Auto Parts 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 42.7 million compared to INR 60.26 million a year ago. Revenue was INR 43.16 million compared to INR 61.13 million a year ago. Net loss was INR 5.47 million compared to INR 1.15 million a year ago. Basic loss per share from continuing operations was INR 0.33 compared to INR 0.07 a year ago. Diluted loss per share from continuing operations was INR 0.33 compared to INR 0.07 a year ago.
For the nine months, sales was INR 150.02 million compared to INR 196.98 million a year ago. Revenue was INR 150.96 million compared to INR 199.22 million a year ago. Net loss was INR 9.24 million compared to INR 0.303 million a year ago. Basic loss per share from continuing operations was INR 0.56 compared to INR 0.02 a year ago. Diluted loss per share from continuing operations was INR 0.56 compared to INR 0.02 a year ago.