GTN Textiles Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net income was INR 37.5 million compared to net loss of INR 38.3 million a year ago.
For the nine months, sales was INR 99.9 million compared to INR 670.9 million a year ago. Revenue was INR 100.1 million compared to INR 672 million a year ago. Net loss was INR 47.3 million compared to INR 111.1 million a year ago. Basic loss per share from continuing operations was INR 3.46 compared to INR 9.54 a year ago. Diluted loss per share from continuing operations was INR 3.46 compared to INR 9.54 a year ago.