The Gaekwar Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 4.69 million compared to INR 0.962 million a year ago. Net loss was INR 7.81 million compared to INR 11.17 million a year ago. Basic loss per share from continuing operations was INR 3.9 compared to INR 5.58 a year ago. Diluted loss per share from continuing operations was INR 3.9 compared to INR 5.58 a year ago.
For the nine months, revenue was INR 6.51 million compared to INR 11.49 million a year ago. Net loss was INR 30.21 million compared to INR 24.91 million a year ago. Basic loss per share from continuing operations was INR 15.11 compared to INR 12.46 a year ago. Diluted loss per share from continuing operations was INR 15.11 compared to INR 12.46 a year ago.