Iris Clothings Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 203.55 million compared to INR 250.41 million a year ago. Revenue was INR 203.79 million compared to INR 250.7 million a year ago. Net income was INR 7.94 million compared to INR 23.78 million a year ago. Basic earnings per share from continuing operations was INR 0.098 compared to INR 0.292 a year ago. Diluted earnings per share from continuing operations was INR 0.098 compared to INR 0.292 a year ago.
For the nine months, sales was INR 754.09 million compared to INR 787.77 million a year ago. Revenue was INR 754.84 million compared to INR 789.97 million a year ago. Net income was INR 60.32 million compared to INR 76.68 million a year ago. Basic earnings per share from continuing operations was INR 0.74 compared to INR 0.94 a year ago. Diluted earnings per share from continuing operations was INR 0.74 compared to INR 0.94 a year ago.