Ideal Spinning Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was PKR 1,488.7 million compared to PKR 1,213.9 million a year ago. Net income was PKR 98.39 million compared to PKR 114.61 million a year ago. Basic earnings per share from continuing operations was PKR 9.92 compared to PKR 11.55 a year ago.
For the nine months, sales was PKR 4,390.81 million compared to PKR 3,489.94 million a year ago. Net income was PKR 322.3 million compared to PKR 181.02 million a year ago. Basic earnings per share from continuing operations was PKR 32.49 compared to PKR 18.25 a year ago.