GTN Textiles 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 269.8 million compared to INR 109.5 million a year ago. Revenue was INR 270.3 million compared to INR 110.1 million a year ago. Net loss was INR 38.3 million compared to INR 50.6 million a year ago. Basic loss per share from continuing operations was INR 3.29 compared to INR 4.35 a year ago. Diluted loss per share from continuing operations was INR 3.29 compared to INR 4.35 a year ago.
For the nine months, sales was INR 670.9 million compared to INR 296.2 million a year ago. Revenue was INR 672 million compared to INR 297.9 million a year ago. Net loss was INR 111.1 million compared to INR 167.4 million a year ago. Basic loss per share from continuing operations was INR 9.54 compared to INR 14.38 a year ago. Diluted loss per share from continuing operations was INR 9.54 compared to INR 14.38 a year ago.