Abate As Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 0.002 million compared to INR 0.543 million a year ago. Net loss was INR 0.611 million compared to net income of INR 0.067 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago.
For the nine months, revenue was INR 0.018 million compared to INR 1.29 million a year ago. Net loss was INR 2.05 million compared to net income of INR 0.126 million a year ago. Basic loss per share from continuing operations was INR 0.41 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.41 compared to diluted earnings per share from continuing operations of INR 0.03 a year ago.