Royal Cushion Vinyl Products 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 117.2 million compared to INR 185.37 million a year ago. Revenue was INR 122.8 million compared to INR 185.37 million a year ago. Net loss was INR 28.1 million compared to INR 51.64 million a year ago. Basic loss per share from continuing operations was INR 2.33 compared to INR 4.28 a year ago. Diluted loss per share from continuing operations was INR 2.33 compared to INR 4.28 a year ago.
For the nine months, sales was INR 414.07 million compared to INR 518.71 million a year ago. Revenue was INR 586.44 million compared to INR 521.19 million a year ago. Net income was INR 31.2 million compared to net loss of INR 103.34 million a year ago. Basic earnings per share from continuing operations was INR 2.59 compared to basic loss per share from continuing operations of INR 8.56 a year ago. Diluted earnings per share from continuing operations was INR 2.59 compared to diluted loss per share from continuing operations of INR 8.56 a year ago.