Valson Industries 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 325.41 million compared to INR 314.29 million a year ago. Revenue was INR 328.51 million compared to INR 317.84 million a year ago. Net loss was INR 2.53 million compared to net income of INR 1.9 million a year ago. Basic loss per share from continuing operations was INR 0.33 compared to basic earnings per share from continuing operations of INR 0.25 a year ago. Diluted loss per share from continuing operations was INR 0.33 compared to diluted earnings per share from continuing operations of INR 0.25 a year ago.
For the nine months, sales was INR 973.83 million compared to INR 805.2 million a year ago. Revenue was INR 981.99 million compared to INR 815.8 million a year ago. Net loss was INR 2.12 million compared to INR 13.1 million a year ago. Basic loss per share from continuing operations was INR 0.28 compared to INR 1.71 a year ago. Diluted loss per share from continuing operations was INR 0.28 compared to INR 1.71 a year ago.