Zuari Industries 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 2,522.28 million compared to INR 1,256.13 million a year ago. Revenue was INR 2,813.21 million compared to INR 1,541.57 million a year ago. Net loss was INR 37.4 million compared to INR 480.86 million a year ago. Basic loss per share from continuing operations was INR 1.26 compared to INR 16.15 a year ago. Diluted loss per share from continuing operations was INR 1.26 compared to INR 16.15 a year ago.
For the nine months, sales was INR 6,729.76 million compared to INR 4,655.61 million a year ago. Revenue was INR 7,947.53 million compared to INR 6,112.46 million a year ago. Net income was INR 2,050.59 million compared to net loss of INR 715.16 million a year ago. Basic earnings per share from continuing operations was INR 68.85 compared to basic loss per share from continuing operations of INR 24.01 a year ago. Diluted earnings per share from continuing operations was INR 68.85 compared to diluted loss per share from continuing operations of INR 24.01 a year ago.