Suryaamba Spinning 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 599.88 million compared to INR 578.89 million a year ago. Revenue was INR 603.88 million compared to INR 580.17 million a year ago. Net income was INR 7.67 million compared to INR 36.43 million a year ago. Basic earnings per share from continuing operations was INR 2.62 compared to INR 12.43 a year ago. Diluted earnings per share from continuing operations was INR 2.62 compared to INR 12.43 a year ago.
For the nine months, sales was INR 1,810.76 million compared to INR 1,566.89 million a year ago. Revenue was INR 1,827.79 million compared to INR 1,573.38 million a year ago. Net income was INR 73.61 million compared to INR 93.49 million a year ago. Basic earnings per share from continuing operations was INR 25.11 compared to INR 31.89 a year ago. Diluted earnings per share from continuing operations was INR 25.11 compared to INR 31.89 a year ago.