Medi-Caps 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 109.33 million compared to INR 173.13 million a year ago. Revenue was INR 112.08 million compared to INR 179.97 million a year ago. Net loss was INR 13.38 million compared to net income of INR 20.49 million a year ago. Basic loss per share from continuing operations was INR 1.04 compared to basic earnings per share from continuing operations of INR 1.67 a year ago. Diluted loss per share from continuing operations was INR 1.04 compared to diluted earnings per share from continuing operations of INR 1.67 a year ago. Basic loss per share was INR 1.07 compared to basic earnings per share of INR 1.64 a year ago. Diluted loss per share was INR 1.07 compared to diluted earnings per share of INR 1.64 a year ago.
For the nine months, sales was INR 383.94 million compared to INR 517.16 million a year ago. Revenue was INR 401.67 million compared to INR 527.86 million a year ago. Net income was INR 13.94 million compared to INR 85.85 million a year ago. Basic earnings per share from continuing operations was INR 1.2 compared to INR 6.89 a year ago. Diluted earnings per share from continuing operations was INR 1.2 compared to INR 6.89 a year ago. Basic earnings per share was INR 1.12 compared to INR 6.89 a year ago. Diluted earnings per share was INR 1.12 compared to INR 6.89 a year ago.