Polo Hotels 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 0.085 million compared to INR 0.476 million a year ago. Revenue was INR 0.085 million compared to INR 0.493 million a year ago. Net loss was INR 2.57 million compared to INR 2.45 million a year ago. Basic loss per share from continuing operations was INR 0.11 compared to INR 0.11 a year ago. Diluted loss per share from continuing operations was INR 0.11 compared to INR 0.11 a year ago.
For the nine months, sales was INR 0.137 million compared to INR 0.513 million a year ago. Revenue was INR 0.137 million compared to INR 0.53 million a year ago. Net loss was INR 5.89 million compared to INR 4.31 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to INR 0.19 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to INR 0.19 a year ago.