Chemplast Sanmar 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 8,881 million compared to INR 11,885.8 million a year ago. Revenue was INR 9,007.5 million compared to INR 12,051 million a year ago. Net loss was INR 893.8 million compared to net income of INR 271.4 million a year ago. Basic loss per share from continuing operations was INR 5.65 compared to basic earnings per share from continuing operations of INR 1.72 a year ago. Diluted loss per share from continuing operations was INR 5.65 compared to diluted earnings per share from continuing operations of INR 1.72 a year ago.
For the nine months, sales was INR 28,722.6 million compared to INR 37,942.5 million a year ago. Revenue was INR 29,401.1 million compared to INR 38,432.1 million a year ago. Net loss was INR 1,273 million compared to net income of INR 1,062.7 million a year ago. Basic loss per share from continuing operations was INR 8.05 compared to basic earnings per share from continuing operations of INR 6.72 a year ago. Diluted loss per share from continuing operations was INR 8.05 compared to diluted earnings per share from continuing operations of INR 6.72 a year ago.