Gini Silk Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 91.78 million compared to INR 61.38 million a year ago. Revenue was INR 96.33 million compared to INR 67.89 million a year ago. Net loss was INR 0.132 million compared to net income of INR 3.6 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to basic earnings per share from continuing operations of INR 0.64 a year ago.
For the nine months, sales was INR 209.08 million compared to INR 109.23 million a year ago. Revenue was INR 226.26 million compared to INR 125.55 million a year ago. Net income was INR 1.73 million compared to net loss of INR 3.71 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to basic loss per share from continuing operations of INR 0.66 a year ago.