Kolte-Patil Developers 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 3,680.8 million compared to INR 2,403.2 million a year ago. Revenue was INR 3,744.6 million compared to INR 2,447 million a year ago. Net loss was INR 268.9 million compared to net income of INR 53.7 million a year ago. Basic loss per share from continuing operations was INR 3.54 compared to basic earnings per share from continuing operations of INR 0.71 a year ago. Diluted loss per share from continuing operations was INR 3.54 compared to diluted earnings per share from continuing operations of INR 0.71 a year ago.
For the nine months, sales was INR 6,915 million compared to INR 7,414.1 million a year ago. Revenue was INR 7,166 million compared to INR 7,555.1 million a year ago. Net loss was INR 144.5 million compared to net income of INR 525.7 million a year ago. Basic loss per share from continuing operations was INR 1.9 compared to basic earnings per share from continuing operations of INR 6.92 a year ago. Diluted loss per share from continuing operations was INR 1.9 compared to diluted earnings per share from continuing operations of INR 6.92 a year ago.