Lloyds Metals and Energy 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 9,996.2 million compared to INR 1,682.7 million a year ago. Revenue was INR 10,294 million compared to INR 1,713.4 million a year ago. Net income was INR 2,300.3 million compared to net loss of INR 261.4 million a year ago. Basic earnings per share from continuing operations was INR 5.19 compared to basic loss per share from continuing operations of INR 0.71 a year ago. Diluted earnings per share from continuing operations was INR 4.95.
For the nine months, sales was INR 25,160.6 million compared to INR 3,642.9 million a year ago. Revenue was INR 25,710.6 million compared to INR 3,836.5 million a year ago. Net loss was INR 5,575.9 million compared to INR 260.2 million a year ago. Basic loss per share from continuing operations was INR 12.74 compared to INR 0.7 a year ago.