Gammon India: Gammon India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

Gammon India 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 153.3 million compared to INR... Gammon India 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 153.3 million compared to INR 75.1 million a year ago. Revenue was INR 669.2 million compared to INR 411.1 million a year ago. Net loss was INR 1,696.1 million compared to INR 1,857.4 million a year ago. Basic loss per share from continuing operations was INR 4.6 compared to INR 13.84 a year ago. Diluted loss per share from continuing operations was INR 4.6 compared to INR 13.84 a year ago. For the nine months, sales was INR 471.6 million compared to INR 299.1 million a year ago. Revenue was INR 1,007 million compared to INR 739.4 million a year ago. Net loss was INR 8,083.3 million compared to INR 8,498.4 million a year ago. Basic loss per share from continuing operations was INR 21.92 compared to INR 23.04 a year ago. Diluted loss per share from continuing operations was INR 21.92 compared to INR 23.04 a year ago.