Mipco Seamless Rings (Gujarat) Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net loss was INR 0.088 million compared to INR 0.151 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago. Diluted loss per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago.
For the nine months, net loss was INR 20.29 million compared to INR 48.23 million a year ago. Basic loss per share from continuing operations was INR 5.66 compared to INR 13.45 a year ago. Diluted loss per share from continuing operations was INR 5.66 compared to INR 13.45 a year ago.