Tantia Constructions 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 162.1 million compared to INR 200.1 million a year ago. Revenue was INR 167 million compared to INR 230.2 million a year ago. Net loss was INR 35.5 million compared to net income of INR 25.8 million a year ago. Basic loss per share from continuing operations was INR 1.24 compared to basic earnings per share from continuing operations of INR 0.9 a year ago. Diluted loss per share from continuing operations was INR 1.24 compared to diluted earnings per share from continuing operations of INR 0.9 a year ago.
For the nine months, sales was INR 512.8 million compared to INR 669.4 million a year ago. Revenue was INR 549.2 million compared to INR 723.2 million a year ago. Net loss was INR 186.5 million compared to INR 36.4 million a year ago. Basic loss per share from continuing operations was INR 6.49 compared to INR 1.27 a year ago. Diluted loss per share from continuing operations was INR 6.49 compared to INR 1.27 a year ago.