Surana Solar 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 43.99 million compared to INR 139 million a year ago. Revenue was INR 46.83 million compared to INR 140.59 million a year ago. Net income was INR 1.06 million compared to INR 0.277 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.01 a year ago.
For the nine months, sales was INR 137.73 million compared to INR 343.81 million a year ago. Revenue was INR 150.25 million compared to INR 386.29 million a year ago. Net loss was INR 11.05 million compared to net income of INR 20.33 million a year ago. Basic loss per share from continuing operations was INR 0.22 compared to basic earnings per share from continuing operations of INR 0.41 a year ago. Diluted loss per share from continuing operations was INR 0.22 compared to diluted earnings per share from continuing operations of INR 0.41 a year ago.