Alps 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 14.27 million compared to INR 840.35 million a year ago. Revenue was INR 14.7 million compared to INR 847.5 million a year ago. Net loss was INR 140.84 million compared to INR 161.05 million a year ago. Basic loss per share from continuing operations was INR 3.6 compared to INR 4.12 a year ago.
For the nine months, sales was INR 164.2 million compared to INR 2,530.18 million a year ago. Revenue was INR 185.5 million compared to INR 2,551.46 million a year ago. Net loss was INR 417.8 million compared to INR 458.29 million a year ago. Basic loss per share from continuing operations was INR 10.68 compared to INR 11.72 a year ago.