Shiva Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 319.51 million compared to INR 587.47 million a year ago. Revenue was INR 321.53 million compared to INR 589.04 million a year ago. Net loss was INR 54.7 million compared to net income of INR 39.99 million a year ago. Basic loss per share from continuing operations was INR 6.33 compared to basic earnings per share from continuing operations of INR 4.63 a year ago. Diluted loss per share from continuing operations was INR 6.33 compared to diluted earnings per share from continuing operations of INR 4.63 a year ago.
For the nine months, sales was INR 1,215.38 million compared to INR 1,486.25 million a year ago. Revenue was INR 1,220.63 million compared to INR 1,490.59 million a year ago. Net loss was INR 52.62 million compared to net income of INR 126.03 million a year ago. Basic loss per share from continuing operations was INR 6.09 compared to basic earnings per share from continuing operations of INR 14.58 a year ago. Diluted loss per share from continuing operations was INR 6.09 compared to diluted earnings per share from continuing operations of INR 14.58 a year ago.