Elitecon International 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 60.92 million compared to INR 74.83 million a year ago. Revenue was INR 60.01 million compared to INR 74.83 million a year ago. Net loss was INR 95.07 million compared to INR 5.35 million a year ago. Basic loss per share from continuing operations was INR 78.57 compared to INR 4.42 a year ago. Diluted loss per share from continuing operations was INR 78.57 compared to INR 4.42 a year ago.
For the nine months, sales was INR 511.46 million compared to INR 74.83 million a year ago. Revenue was INR 511.51 million compared to INR 76.48 million a year ago. Net loss was INR 215.76 million compared to INR 9.92 million a year ago. Basic loss per share from continuing operations was INR 178.32 compared to INR 8.2 a year ago. Diluted loss per share from continuing operations was INR 178.32 compared to INR 8.2 a year ago.