Ankit Metal & Power 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 1,962.59 million compared to INR 1,261.77 million a year ago. Revenue was INR 1,971.86 million compared to INR 1,493.46 million a year ago. Net loss was INR 431.47 million compared to INR 63.14 million a year ago. Basic loss per share from continuing operations was INR 3.06 compared to INR 0.45 a year ago. Diluted loss per share from continuing operations was INR 3.06 compared to INR 0.45 a year ago.
For the nine months, sales was INR 5,181.53 million compared to INR 4,776.42 million a year ago. Revenue was INR 5,917.21 million compared to INR 5,180.96 million a year ago. Net loss was INR 681.84 million compared to INR 572.22 million a year ago. Basic loss per share from continuing operations was INR 4.83 compared to INR 4.06 a year ago. Diluted loss per share from continuing operations was INR 4.83 compared to INR 4.06 a year ago.