Kernex Microsystems (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 85.71 million compared to INR 2.57 million a year ago. Revenue was INR 92.48 million compared to INR 7.09 million a year ago. Net loss was INR 35.05 million compared to INR 52.96 million a year ago. Basic loss per share from continuing operations was INR 2.24 compared to INR 3.84 a year ago. Diluted loss per share from continuing operations was INR 2.24 compared to INR 3.84 a year ago.
For the nine months, sales was INR 103.58 million compared to INR 15.71 million a year ago. Revenue was INR 120.94 million compared to INR 25.96 million a year ago. Net loss was INR 86.31 million compared to INR 138.18 million a year ago. Basic loss per share from continuing operations was INR 5.52 compared to INR 10.01 a year ago. Diluted loss per share from continuing operations was INR 5.52 compared to INR 10.01 a year ago.