Maris Spinners 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 388.65 million compared to INR 368.31 million a year ago. Revenue was INR 400.97 million compared to INR 370.24 million a year ago. Net loss was INR 28.54 million compared to INR 62.93 million a year ago. Basic loss per share from continuing operations was INR 3.6 compared to INR 7.94 a year ago. Diluted loss per share from continuing operations was INR 3.6 compared to INR 7.94 a year ago.
For the nine months, sales was INR 1,229.02 million compared to INR 1,037.01 million a year ago. Revenue was INR 1,275.13 million compared to INR 1,052.44 million a year ago. Net loss was INR 89.43 million compared to INR 90.98 million a year ago. Basic loss per share from continuing operations was INR 11.28 compared to INR 11.48 a year ago. Diluted loss per share from continuing operations was INR 11.28 compared to INR 11.48 a year ago.