Aanchal Ispat 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 83.5 million compared to INR 405.57 million a year ago. Net loss was INR 20.47 million compared to INR 24.74 million a year ago. Basic loss per share from continuing operations was INR 0.98 compared to INR 1.19 a year ago. Diluted loss per share from continuing operations was INR 0.98 compared to INR 1.19 a year ago.
For the nine months, sales was INR 620.86 million compared to INR 1,383.96 million a year ago. Net loss was INR 74.54 million compared to INR 68.7 million a year ago. Basic loss per share from continuing operations was INR 3.57 compared to INR 3.29 a year ago. Diluted loss per share from continuing operations was INR 3.57 compared to INR 3.29 a year ago.