Gujarat Cotex 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 43.91 million compared to INR 38.33 million a year ago. Revenue was INR 43.91 million compared to INR 38.4 million a year ago. Net income was INR 0.884 million compared to INR 0.119 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.06 compared to INR 0.01 a year ago.
For the nine months, sales was INR 132.37 million compared to INR 136.31 million a year ago. Revenue was INR 132.38 million compared to INR 136.43 million a year ago. Net income was INR 1.25 million compared to INR 0.945 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.09 compared to INR 0.07 a year ago.