The India Cements 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 11,444.6 million compared to INR 12,810 million a year ago. Revenue was INR 11,738.4 million compared to INR 12,922.6 million a year ago. Net income was INR 6.7 million compared to INR 1,332.9 million a year ago.
For the nine months, sales was INR 38,455.9 million compared to INR 41,224.1 million a year ago. Revenue was INR 38,901.2 million compared to INR 41,545.9 million a year ago. Net loss was INR 1,667.9 million compared to net income of INR 1,000.1 million a year ago. Basic loss per share from continuing operations was INR 5.42 compared to basic earnings per share from continuing operations of INR 3.36 a year ago. Diluted loss per share from continuing operations was INR 5.42 compared to diluted earnings per share from continuing operations of INR 3.36 a year ago. Basic loss per share was INR 5.42 compared to basic earnings per share of INR 3.36 a year ago. Diluted loss per share was INR 5.42 compared to diluted earnings per share of INR 3.36 a year ago.