Gini Silk Mills 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 107.7 million compared to INR 91.78 million a year ago. Revenue was INR 112.86 million compared to INR 96.33 million a year ago. Net income was INR 1.55 million compared to net loss of INR 0.132 million a year ago.
For the nine months, sales was INR 338.48 million compared to INR 209.08 million a year ago. Revenue was INR 351.44 million compared to INR 226.26 million a year ago. Net income was INR 4.57 million compared to INR 1.73 million a year ago. Basic earnings per share from continuing operations was INR 0.82 compared to INR 0.31 a year ago.