Suvidhaa Infoserve 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 112.4 million compared to INR 76.4 million a year ago. Revenue was INR 113.5 million compared to INR 88.8 million a year ago. Net loss was INR 6.4 million compared to net income of INR 5.1 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to basic earnings per share from continuing operations of INR 0.04 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to diluted earnings per share from continuing operations of INR 0.04 a year ago.
For the nine months, sales was INR 230.1 million compared to INR 297.2 million a year ago. Revenue was INR 234.2 million compared to INR 310.1 million a year ago. Net loss was INR 29.8 million compared to INR 42 million a year ago. Basic loss per share from continuing operations was INR 0.15 compared to INR 0.2 a year ago. Diluted loss per share from continuing operations was INR 0.15 compared to INR 0.2 a year ago.