Amarjothi 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 316.82 million compared to INR 514.16 million a year ago. Revenue was INR 321.53 million compared to INR 521.29 million a year ago. Net income was INR 14.56 million compared to INR 41.8 million a year ago. Basic earnings per share from continuing operations was INR 2.16 compared to INR 6.19 a year ago. Diluted earnings per share from continuing operations was INR 2.16 compared to INR 6.19 a year ago.
For the nine months, sales was INR 1,513.78 million compared to INR 1,938.12 million a year ago. Revenue was INR 1,530.3 million compared to INR 1,953.18 million a year ago. Net income was INR 86.06 million compared to INR 143.21 million a year ago. Basic earnings per share from continuing operations was INR 12.75 compared to INR 21.22 a year ago. Diluted earnings per share from continuing operations was INR 12.75 compared to INR 21.22 a year ago.