Kuwer 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 150.18 million compared to INR 174.45 million a year ago. Revenue was INR 156.52 million compared to INR 174.53 million a year ago. Net loss was INR 12.26 million compared to INR 13.67 million a year ago. Basic loss per share from continuing operations was INR 1.35 compared to INR 1.51 a year ago. Diluted loss per share from continuing operations was INR 1.35 compared to INR 1.51 a year ago.
For the nine months, sales was INR 500.57 million compared to INR 469.45 million a year ago. Revenue was INR 516.08 million compared to INR 470.14 million a year ago. Net loss was INR 25.93 million compared to INR 20.65 million a year ago. Basic loss per share from continuing operations was INR 2.86 compared to INR 2.28 a year ago. Diluted loss per share from continuing operations was INR 2.86 compared to INR 2.28 a year ago.