Inani Marbles and 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 109.24 million compared to INR 191.62 million a year ago. Revenue was INR 116.49 million compared to INR 194.06 million a year ago. Net loss was INR 11.77 million compared to net income of INR 6.45 million a year ago. Basic loss per share from continuing operations was INR 0.63 compared to basic earnings per share from continuing operations of INR 0.35 a year ago.
For the nine months, sales was INR 602.46 million compared to INR 565.88 million a year ago. Revenue was INR 616.35 million compared to INR 580.11 million a year ago. Net income was INR 12.76 million compared to INR 24.21 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to INR 1.3 a year ago.