The Ravalgaon Sugar Farm 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 28.68 million compared to INR 21.38 million a year ago. Revenue was INR 30.4 million compared to INR 21.42 million a year ago. Net income was INR 5.45 million compared to INR 39.27 million a year ago. Basic earnings per share from continuing operations was INR 16.02 compared to INR 115.488 a year ago. Diluted earnings per share from continuing operations was INR 16.02 compared to INR 115.488 a year ago.
For the nine months, sales was INR 71.63 million compared to INR 48.96 million a year ago. Revenue was INR 74.9 million compared to INR 49.09 million a year ago. Net loss was INR 11.61 million compared to net income of INR 20.05 million a year ago. Basic loss per share from continuing operations was INR 34.158 compared to basic earnings per share from continuing operations of INR 58.97 a year ago. Diluted loss per share from continuing operations was INR 34.158 compared to diluted earnings per share from continuing operations of INR 58.97 a year ago.