Sri Nachammai Cotton Mills 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 105.35 million compared to INR 222.12 million a year ago. Revenue was INR 108.14 million compared to INR 224.83 million a year ago. Net loss was INR 12.93 million compared to INR 23.86 million a year ago. Basic loss per share from continuing operations was INR 3.02 compared to INR 5.57 a year ago. Diluted loss per share from continuing operations was INR 3.02 compared to INR 5.57 a year ago.
For the nine months, sales was INR 478.03 million compared to INR 976.67 million a year ago. Revenue was INR 486.48 million compared to INR 985.27 million a year ago. Net loss was INR 49.87 million compared to INR 15.63 million a year ago. Basic loss per share from continuing operations was INR 11.63 compared to INR 3.65 a year ago. Diluted loss per share from continuing operations was INR 11.63 compared to INR 3.65 a year ago.