Pasupati Spinning & Weaving Mills 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 261.2 million compared to INR 369.7 million a year ago. Revenue was INR 262.1 million compared to INR 371 million a year ago. Net income was INR 0.3 million compared to INR 0.9 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 0.07 a year ago.
For the nine months, sales was INR 814.2 million compared to INR 1,032 million a year ago. Revenue was INR 828.3 million compared to INR 1,038.4 million a year ago. Net income was INR 1.6 million compared to INR 11.6 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 1.23 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to INR 1.23 a year ago.