BSEL Algo Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported negative sales was INR 75.89 million compared to sales of INR 217.91 million a year ago. Negative revenue was INR 70.88 million compared to revenue of INR 222.94 million a year ago. Net loss was INR 58.37 million compared to net income of INR 167.16 million a year ago. Basic loss per share from continuing operations was INR 0.71 compared to basic earnings per share from continuing operations of INR 2.02 a year ago. Diluted loss per share from continuing operations was INR 0.71 compared to diluted earnings per share from continuing operations of INR 2.02 a year ago.
For the nine months, sales was INR 198.72 million compared to INR 309.6 million a year ago. Revenue was INR 210.53 million compared to INR 320.36 million a year ago. Net income was INR 156.76 million compared to INR 257.07 million a year ago. Basic earnings per share from continuing operations was INR 1.9 compared to INR 3.11 a year ago. Diluted earnings per share from continuing operations was INR 1.9 compared to INR 3.11 a year ago.