Vipul 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 62.8 million compared to INR 766.96 million a year ago. Revenue was INR 86.09 million compared to INR 782.82 million a year ago. Net loss was INR 139.2 million compared to INR 19.01 million a year ago. Basic loss per share from continuing operations was INR 1.16 compared to INR 0.16 a year ago. Diluted loss per share from continuing operations was INR 1.16 compared to INR 0.16 a year ago.
For the nine months, sales was INR 668.02 million compared to INR 1,115.99 million a year ago. Revenue was INR 730.47 million compared to INR 1,161.14 million a year ago. Net loss was INR 1,104.13 million compared to INR 277.91 million a year ago. Basic loss per share from continuing operations was INR 9.2 compared to INR 2.32 a year ago. Diluted loss per share from continuing operations was INR 9.2 compared to INR 2.32 a year ago.