Veejay Lakshmi Engineering Works 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 212.86 million compared to INR 138.49 million a year ago. Revenue was INR 216.81 million compared to INR 139.02 million a year ago. Net loss was INR 13.94 million compared to INR 32.07 million a year ago. Basic loss per share from continuing operations was INR 2.63 compared to INR 6.27 a year ago. Diluted loss per share from continuing operations was INR 2.63 compared to INR 6.27 a year ago.
For the nine months, sales was INR 649.79 million compared to INR 528.84 million a year ago. Revenue was INR 660.61 million compared to INR 531.06 million a year ago. Net loss was INR 51.8 million compared to INR 124.89 million a year ago. Basic loss per share from continuing operations was INR 10.11 compared to INR 24.47 a year ago. Diluted loss per share from continuing operations was INR 10.11 compared to INR 24.47 a year ago.