The Grob Tea Company 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 273.13 million compared to INR 358.77 million a year ago. Revenue was INR 277.68 million compared to INR 363.79 million a year ago. Net loss was INR 0.701 million compared to net income of INR 32.43 million a year ago. Basic loss per share from continuing operations was INR 0.6 compared to basic earnings per share from continuing operations of INR 27.9 a year ago. Diluted loss per share from continuing operations was INR 0.6 compared to diluted earnings per share from continuing operations of INR 27.9 a year ago.
For the nine months, sales was INR 893.85 million compared to INR 838.71 million a year ago. Revenue was INR 912.23 million compared to INR 850.54 million a year ago. Net income was INR 188.18 million compared to INR 179.52 million a year ago. Basic earnings per share from continuing operations was INR 161.9 compared to INR 154.46 a year ago. Diluted earnings per share from continuing operations was INR 161.9 compared to INR 154.46 a year ago.