Lambodhara 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 507.64 million compared to INR 532.17 million a year ago. Revenue was INR 520.72 million compared to INR 541.34 million a year ago. Net income was INR 8.43 million compared to INR 53.89 million a year ago. Basic earnings per share from continuing operations was INR 0.81 compared to INR 5.19 a year ago. Diluted earnings per share from continuing operations was INR 0.81 compared to INR 5.19 a year ago.
For the nine months, sales was INR 1,525.84 million compared to INR 1,664.95 million a year ago. Revenue was INR 1,562.4 million compared to INR 1,689.59 million a year ago. Net income was INR 31.83 million compared to INR 169.43 million a year ago. Basic earnings per share from continuing operations was INR 3.07 compared to INR 16.33 a year ago. Diluted earnings per share from continuing operations was INR 3.07 compared to INR 16.33 a year ago.