Dhanlaxmi Cotex 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 42.5 million compared to INR 28.53 million a year ago. Revenue was INR 44.03 million compared to INR 36.83 million a year ago. Net loss was INR 0.932 million compared to net income of INR 4.84 million a year ago. Basic loss per share from continuing operations was INR 0.19 compared to basic earnings per share from continuing operations of INR 0.99 a year ago.
For the nine months, sales was INR 193.29 million compared to INR 154.45 million a year ago. Revenue was INR 202.92 million compared to INR 180.64 million a year ago. Net income was INR 6 million compared to INR 35.76 million a year ago. Basic earnings per share from continuing operations was INR 1.23 compared to INR 7.34 a year ago.