E-Land Apparel 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 388.93 million compared to INR 484.81 million a year ago. Revenue was INR 392.04 million compared to INR 492.36 million a year ago. Net loss was INR 122.07 million compared to net income of INR 47.66 million a year ago. Basic loss per share from continuing operations was INR 2.54 compared to basic earnings per share from continuing operations of INR 0.99 a year ago.
For the nine months, sales was INR 1,726.59 million compared to INR 1,205.71 million a year ago. Revenue was INR 1,738.09 million compared to INR 1,225.63 million a year ago. Net loss was INR 294 million compared to INR 177.8 million a year ago. Basic loss per share from continuing operations was INR 6.13 compared to INR 3.7 a year ago.