Simplex Castings 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 302.76 million compared to INR 226.88 million a year ago. Revenue was INR 307.89 million compared to INR 227.48 million a year ago. Net loss was INR 112.58 million compared to net income of INR 1 million a year ago. Basic loss per share from continuing operations was INR 18.36 compared to basic earnings per share from continuing operations of INR 0.16 a year ago. Diluted loss per share from continuing operations was INR 18.36 compared to diluted earnings per share from continuing operations of INR 0.16 a year ago.
For the nine months, sales was INR 721.67 million compared to INR 602.96 million a year ago. Revenue was INR 728.61 million compared to INR 608.86 million a year ago. Net loss was INR 159 million compared to net income of INR 2.68 million a year ago. Basic loss per share from continuing operations was INR 25.93 compared to basic earnings per share from continuing operations of INR 0.44 a year ago. Diluted loss per share from continuing operations was INR 25.93 compared to diluted earnings per share from continuing operations of INR 0.44 a year ago.