Shanti Overseas (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 21.31 million compared to INR 83.23 million a year ago. Revenue was INR 28.93 million compared to INR 83.52 million a year ago. Net loss was INR 4.26 million compared to INR 51.11 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to INR 4.6 a year ago. Diluted loss per share from continuing operations was INR 0.38 compared to INR 4.6 a year ago.
For the nine months, sales was INR 93.81 million compared to INR 1,442.59 million a year ago. Revenue was INR 102.09 million compared to INR 1,445.93 million a year ago. Net loss was INR 14.39 million compared to INR 100.81 million a year ago. Basic loss per share from continuing operations was INR 1.3 compared to INR 9.08 a year ago. Diluted loss per share from continuing operations was INR 1.3 compared to INR 9.08 a year ago.