Ishan Dyes & Chemicals 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 145.31 million compared to INR 103.04 million a year ago. Revenue was INR 153.99 million compared to INR 110.34 million a year ago. Net loss was INR 14.74 million compared to net income of INR 22.14 million a year ago. Basic loss per share from continuing operations was INR 0.7 compared to basic earnings per share from continuing operations of INR 1.2 a year ago. Diluted loss per share from continuing operations was INR 0.7 compared to diluted earnings per share from continuing operations of INR 1.18 a year ago.
For the nine months, sales was INR 501.11 million compared to INR 504.53 million a year ago. Revenue was INR 523.19 million compared to INR 519.36 million a year ago. Net loss was INR 35.66 million compared to net income of INR 18.06 million a year ago. Basic loss per share from continuing operations was INR 1.7 compared to basic earnings per share from continuing operations of INR 0.98 a year ago. Diluted loss per share from continuing operations was INR 1.7 compared to diluted earnings per share from continuing operations of INR 0.92 a year ago.