Garment Mantra Lifestyle 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 333.62 million compared to INR 281.61 million a year ago. Revenue was INR 334.56 million compared to INR 282.51 million a year ago. Net income was INR 13.04 million compared to INR 1.91 million a year ago. Basic earnings per share from continuing operations was INR 0.14. Diluted earnings per share from continuing operations was INR 0.14.
For the nine months, sales was INR 938.02 million compared to INR 1,026 million a year ago. Revenue was INR 939.2 million compared to INR 1,027.64 million a year ago. Net income was INR 20.27 million compared to INR 10 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to INR 0.11 a year ago. Diluted earnings per share from continuing operations was INR 0.21 compared to INR 0.11 a year ago.