Nitiraj Engineers 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 113.56 million compared to INR 122.68 million a year ago. Revenue was INR 115.46 million compared to INR 123.25 million a year ago. Net income was INR 3.57 million compared to INR 0.79 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 0.08 a year ago.
For the nine months, sales was INR 347.07 million compared to INR 260.38 million a year ago. Revenue was INR 350.05 million compared to INR 263.32 million a year ago. Net loss was INR 2.28 million compared to INR 4.18 million a year ago. Basic loss per share from continuing operations was INR 0.22 compared to INR 0.41 a year ago.