Vijay Solvex 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 5,131.75 million compared to INR 5,661.69 million a year ago. Revenue was INR 5,131.87 million compared to INR 5,663.87 million a year ago. Net loss was INR 58.17 million compared to net income of INR 13.98 million a year ago. Basic loss per share from continuing operations was INR 18.17 compared to basic earnings per share from continuing operations of INR 4.37 a year ago. Diluted loss per share from continuing operations was INR 18.17 compared to diluted earnings per share from continuing operations of INR 4.37 a year ago.
For the nine months, sales was INR 14,242.64 million compared to INR 18,094.07 million a year ago. Revenue was INR 14,262.75 million compared to INR 18,152.44 million a year ago. Net loss was INR 39.18 million compared to net income of INR 142.08 million a year ago. Basic loss per share from continuing operations was INR 12.24 compared to basic earnings per share from continuing operations of INR 44.38 a year ago. Diluted loss per share from continuing operations was INR 12.24 compared to diluted earnings per share from continuing operations of INR 44.38 a year ago.