Royal India Corporation 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 294.93 million compared to INR 0.188 million a year ago. Revenue was INR 296.46 million compared to INR 1.17 million a year ago. Net income was INR 49.43 million compared to net loss of INR 32.91 million a year ago. Basic earnings per share from continuing operations was INR 2.14 compared to basic loss per share from continuing operations of INR 1.43 a year ago. Diluted earnings per share from continuing operations was INR 2.14 compared to diluted loss per share from continuing operations of INR 1.43 a year ago.
For the nine months, sales was INR 295.56 million compared to INR 6.99 million a year ago. Revenue was INR 299.14 million compared to INR 9.85 million a year ago. Net loss was INR 26.72 million compared to INR 96.17 million a year ago. Basic loss per share from continuing operations was INR 1.16 compared to INR 4.17 a year ago. Diluted loss per share from continuing operations was INR 1.16 compared to INR 4.17 a year ago.