Minaxi 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 75.61 million compared to INR 60.33 million a year ago. Revenue was INR 75.61 million compared to INR 60.33 million a year ago. Net loss was INR 17.62 million compared to INR 12.01 million a year ago. Basic loss per share from continuing operations was INR 0.36 compared to INR 0.24 a year ago. Diluted loss per share from continuing operations was INR 0.36 compared to INR 0.24 a year ago.
For the nine months, sales was INR 254.79 million compared to INR 223.49 million a year ago. Revenue was INR 263.02 million compared to INR 224.19 million a year ago. Net loss was INR 14.66 million compared to INR 40.55 million a year ago. Basic loss per share from continuing operations was INR 0.3 compared to INR 0.82 a year ago. Diluted loss per share from continuing operations was INR 0.3 compared to INR 0.82 a year ago.