Sreechem Resins Limited reported earnings results for the third quarter and nine months ended January 30, 2023. For the third quarter, the company reported sales was INR 88.38 million compared to INR 184.21 million a year ago. Revenue was INR 88.44 million compared to INR 184.33 million a year ago. Net loss was INR 4.64 million compared to net income of INR 6.07 million a year ago. Basic loss per share from continuing operations was INR 1.16 compared to basic earnings per share from continuing operations of INR 1.52 a year ago. Diluted loss per share from continuing operations was INR 1.16 compared to diluted earnings per share from continuing operations of INR 1.52 a year ago.
For the nine months, sales was INR 690.86 million compared to INR 414.27 million a year ago. Revenue was INR 691.06 million compared to INR 414.46 million a year ago. Net income was INR 24.16 million compared to INR 9.81 million a year ago. Basic earnings per share from continuing operations was INR 6.04 compared to INR 2.45 a year ago. Diluted earnings per share from continuing operations was INR 6.04 compared to INR 2.45 a year ago.