The Gaekwar Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 0.962 million compared to INR 0.612 million a year ago. Net loss was INR 11.17 million compared to net income of INR 0.444 million a year ago. Basic loss per share from continuing operations was INR 5.58 compared to basic earnings per share from continuing operations of INR 0.22 a year ago.
For the nine months, revenue was INR 11.49 million compared to INR 1.73 million a year ago. Net loss was INR 24.91 million compared to net income of INR 0.986 million a year ago. Basic loss per share from continuing operations was INR 12.46 compared to basic earnings per share from continuing operations of INR 0.49 a year ago.