Modella Woollens Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 0.208 million compared to INR 16.01 million a year ago. Net loss was INR 0.34 million compared to net income of INR 14.9 million a year ago. Basic loss per share from continuing operations was INR 0.37 compared to basic earnings per share from continuing operations of INR 16.37 a year ago. Diluted loss per share from continuing operations was INR 0.37 compared to diluted earnings per share from continuing operations of INR 16.37 a year ago.
For the nine months, revenue was INR 0.632 million. Net loss was INR 0.932 million. Basic loss per share from continuing operations was INR 1.02. Diluted loss per share from continuing operations was INR 1.02.