Venky's (India) 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 9,531.7 million compared to INR 10,357.5 million a year ago. Revenue was INR 9,629.6 million compared to INR 10,436.4 million a year ago. Net loss was INR 79.4 million compared to net income of INR 165.3 million a year ago. Basic loss per share from continuing operations was INR 5.63 compared to basic earnings per share from continuing operations of INR 11.73 a year ago. Diluted loss per share from continuing operations was INR 5.63 compared to diluted earnings per share from continuing operations of INR 11.73 a year ago.
For the nine months, sales was INR 28,422.1 million compared to INR 31,912.2 million a year ago. Revenue was INR 28,706.1 million compared to INR 32,148.6 million a year ago. Net income was INR 455.6 million compared to INR 452.5 million a year ago. Basic earnings per share from continuing operations was INR 32.34 compared to INR 32.12 a year ago. Diluted earnings per share from continuing operations was INR 32.34 compared to INR 32.12 a year ago.