Valecha Engineering 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 90.3 million compared to INR 425.9 million a year ago. Revenue was INR 92.4 million compared to INR 430.4 million a year ago. Net loss was INR 319.8 million compared to INR 280 million a year ago.
For the nine months, sales was INR 511.4 million compared to INR 945.9 million a year ago. Revenue was INR 517.2 million compared to INR 965.8 million a year ago. Net loss was INR 901.7 million compared to INR 857.7 million a year ago.