Minaxi Textiles 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 60.33 million compared to INR 106.14 million a year ago. Revenue was INR 60.33 million compared to INR 106.18 million a year ago. Net loss was INR 12.01 million compared to INR 6.51 million a year ago. Basic loss per share from continuing operations was INR 0.24 compared to INR 0.13 a year ago.
For the nine months, sales was INR 223.49 million compared to INR 200.81 million a year ago. Revenue was INR 224.19 million compared to INR 201.41 million a year ago. Net loss was INR 40.55 million compared to INR 9.96 million a year ago. Basic loss per share from continuing operations was INR 0.82 compared to INR 0.2 a year ago.