Mystic Electronics Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 1.22 million compared to INR 2.71 million a year ago. Net loss was INR 29.89 million compared to net income of INR 2.42 million a year ago. Basic loss per share from continuing operations was INR 1.512 compared to basic earnings per share from continuing operations of INR 0.12 a year ago. Diluted loss per share from continuing operations was INR 1.512 compared to diluted earnings per share from continuing operations of INR 0.12 a year ago.
For the nine months, revenue was INR 2.79 million compared to INR 5.71 million a year ago. Net loss was INR 29.45 million compared to net income of INR 4.5 million a year ago. Basic loss per share from continuing operations was INR 0.149 compared to basic earnings per share from continuing operations of INR 0.23 a year ago. Diluted loss per share from continuing operations was INR 0.149 compared to diluted earnings per share from continuing operations of INR 0.23 a year ago.