Gokak Textiles 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 194.39 million compared to INR 193.95 million a year ago. Revenue was INR 269.66 million compared to INR 206 million a year ago. Net loss was INR 84.22 million compared to INR 104.56 million a year ago. Basic loss per share from continuing operations was INR 12.96 compared to INR 16.09 a year ago. Diluted loss per share from continuing operations was INR 12.96 compared to INR 16.09 a year ago.
For the nine months, sales was INR 797.88 million compared to INR 624.89 million a year ago. Revenue was INR 881.66 million compared to INR 651.63 million a year ago. Net loss was INR 139.11 million compared to INR 234.95 million a year ago. Basic loss per share from continuing operations was INR 21.4 compared to INR 36.15 a year ago. Diluted loss per share from continuing operations was INR 21.4 compared to INR 36.15 a year ago.