Gokak Textiles 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 193.95 million compared to INR 308.8 million a year ago. Revenue was INR 206 million compared to INR 322.47 million a year ago. Net loss was INR 104.56 million compared to INR 68.14 million a year ago. Basic loss per share from continuing operations was INR 16.09 compared to INR 10.48 a year ago.
For the nine months, sales was INR 624.89 million compared to INR 923.68 million a year ago. Revenue was INR 651.63 million compared to INR 971.15 million a year ago. Net loss was INR 234.95 million compared to INR 224.62 million a year ago. Basic loss per share from continuing operations was INR 36.15 compared to INR 34.56 a year ago.