Tasty Dairy Specialities 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 80.44 million compared to INR 283.27 million a year ago. Revenue was INR 80.2 million compared to INR 283.66 million a year ago. Net loss was INR 231.06 million compared to net income of INR 41.89 million a year ago. Basic loss per share from continuing operations was INR 11.31 compared to basic earnings per share from continuing operations of INR 2.05 a year ago. Diluted loss per share from continuing operations was INR 11.31 compared to diluted earnings per share from continuing operations of INR 2.05 a year ago.
For the nine months, sales was INR 381.28 million compared to INR 785.92 million a year ago. Revenue was INR 381.4 million compared to INR 795.58 million a year ago. Net loss was INR 294.37 million compared to net income of INR 11.49 million a year ago. Basic loss per share from continuing operations was INR 14.41 compared to basic earnings per share from continuing operations of INR 0.56 a year ago. Diluted loss per share from continuing operations was INR 14.41 compared to diluted earnings per share from continuing operations of INR 0.56 a year ago.