H.P. Cotton Textile 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 257 million compared to INR 260.1 million a year ago. Revenue was INR 259.6 million compared to INR 262.7 million a year ago. Net loss was INR 12.5 million compared to INR 106 million a year ago. Basic loss per share from continuing operations was INR 3.18 compared to INR 27.38 a year ago. Diluted loss per share from continuing operations was INR 3.18 compared to INR 27.38 a year ago.
For the nine months, sales was INR 744.8 million compared to INR 640.1 million a year ago. Revenue was INR 756.7 million compared to INR 656.5 million a year ago. Net income was INR 31.7 million compared to net loss of INR 142.2 million a year ago. Basic earnings per share from continuing operations was INR 8.12 compared to basic loss per share from continuing operations of INR 36.79 a year ago. Diluted earnings per share from continuing operations was INR 8.12 compared to diluted loss per share from continuing operations of INR 36.79 a year ago.