The Ravalgaon Sugar Farm 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 23.27 million compared to INR 28.68 million a year ago. Revenue was INR 23.28 million compared to INR 30.4 million a year ago. Net loss was INR 9.34 million compared to net income of INR 5.45 million a year ago. Basic loss per share from continuing operations was INR 27.47 compared to basic earnings per share from continuing operations of INR 80.1 a year ago. Diluted loss per share from continuing operations was INR 27.47 compared to diluted earnings per share from continuing operations of INR 80.1 a year ago.
For the nine months, sales was INR 64.94 million compared to INR 71.63 million a year ago. Revenue was INR 65.61 million compared to INR 74.9 million a year ago. Net loss was INR 27.07 million compared to INR 11.61 million a year ago. Basic loss per share from continuing operations was INR 79.63 compared to INR 170.79 a year ago. Diluted loss per share from continuing operations was INR 79.63 compared to INR 170.79 a year ago.