Indian Terrain Fashions 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 1,092.1 million compared to INR 1,218.6 million a year ago. Revenue was INR 1,103.2 million compared to INR 1,227.9 million a year ago. Net loss was INR 39.2 million compared to net income of INR 22 million a year ago. Basic loss per share from continuing operations was INR 0.88 compared to basic earnings per share from continuing operations of INR 0.5 a year ago. Diluted loss per share from continuing operations was INR 0.88 compared to diluted earnings per share from continuing operations of INR 0.5 a year ago.
For the nine months, sales was INR 3,418.5 million compared to INR 3,748.7 million a year ago. Revenue was INR 3,446.8 million compared to INR 3,788.6 million a year ago. Net loss was INR 149.6 million compared to net income of INR 131.9 million a year ago. Basic loss per share from continuing operations was INR 3.38 compared to basic earnings per share from continuing operations of INR 2.98 a year ago. Diluted loss per share from continuing operations was INR 3.38 compared to diluted earnings per share from continuing operations of INR 2.98 a year ago.