Diamond Power Infrastructure 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 599.63 million compared to INR 13.49 million a year ago. Revenue was INR 600.17 million compared to INR 13.67 million a year ago. Net loss was INR 52.78 million compared to INR 154.46 million a year ago. Basic loss per share from continuing operations was INR 1 compared to INR 2.93 a year ago. Diluted loss per share from continuing operations was INR 1 compared to INR 2.93 a year ago.
For the nine months, sales was INR 2,089.58 million compared to INR 13.49 million a year ago. Revenue was INR 2,091.31 million compared to INR 14.02 million a year ago. Net income was INR 26.1 million compared to net loss of INR 292.54 million a year ago. Basic earnings per share from continuing operations was INR 0.5 compared to basic loss per share from continuing operations of INR 5.55 a year ago. Diluted earnings per share from continuing operations was INR 0.5 compared to diluted loss per share from continuing operations of INR 5.55 a year ago.