Kolte-Patil Developers 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 757.9 million compared to INR 3,680.8 million a year ago. Revenue was INR 837 million compared to INR 3,744.6 million a year ago. Net loss was INR 628.9 million compared to INR 258 million a year ago. Basic loss per share from continuing operations was INR 8.27 compared to INR 3.4 a year ago. Diluted loss per share from continuing operations was INR 8.27 compared to INR 3.4 a year ago.
For the nine months, sales was INR 8,451 million compared to INR 6,915 million a year ago. Revenue was INR 8,670.7 million compared to INR 7,166 million a year ago. Net loss was INR 422.5 million compared to INR 133.6 million a year ago. Basic loss per share from continuing operations was INR 5.56 compared to INR 1.76 a year ago. Diluted loss per share from continuing operations was INR 5.56 compared to INR 1.76 a year ago.