Ittefaq Iron Industries Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 466.46 million compared to PKR 2,401.38 million a year ago. Net loss was PKR 160.39 million compared to PKR 110.67 million a year ago. Basic loss per share from continuing operations was PKR 1.11.
For the nine months, sales was PKR 1,700.4 million compared to PKR 7,015.82 million a year ago. Net loss was PKR 473.48 million compared to PKR 245.45 million a year ago. Basic loss per share from continuing operations was PKR 3.28 compared to PKR 1.7 a year ago.