Reliance Power Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 18,860.5 million compared to INR 17,959.4 million a year ago. Revenue was INR 19,362.9 million compared to INR 18,589.3 million a year ago. Net loss was INR 2,915.4 million compared to INR 972.2 million a year ago. Basic loss per share from continuing operations was INR 0.852 compared to INR 0.307 a year ago. Diluted loss per share from continuing operations was INR 0.852 compared to INR 0.307 a year ago. Basic loss per share was INR 0.857 compared to INR 0.306 a year ago. Diluted loss per share was INR 0.857 compared to INR 0.307 a year ago.
For the nine months, sales was INR 58,128.5 million compared to INR 56,570.1 million a year ago. Revenue was INR 60,264.2 million compared to INR 58,083.4 million a year ago. Net loss was INR 7,925.6 million compared to INR 3,060.8 million a year ago. Basic loss per share from continuing operations was INR 2.187 compared to INR 0.991 a year ago. Diluted loss per share from continuing operations was INR 2.187 compared to INR 0.991 a year ago. Basic loss per share was INR 2.33 compared to INR 0.964 a year ago. Diluted loss per share was INR 2.33 compared to INR 0.969 a year ago.