The Lakshmi Mills Company 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 698.47 million compared to INR 448.52 million a year ago. Revenue was INR 704.67 million compared to INR 453.99 million a year ago. Net loss was INR 27.25 million compared to INR 39.17 million a year ago. Basic loss per share from continuing operations was INR 39.18 compared to INR 56.31 a year ago. Diluted loss per share from continuing operations was INR 39.18 compared to INR 56.31 a year ago.
For the nine months, sales was INR 1,854.25 million compared to INR 1,950.72 million a year ago. Revenue was INR 1,926.28 million compared to INR 1,989.21 million a year ago. Net loss was INR 119.94 million compared to INR 13.32 million a year ago. Basic loss per share from continuing operations was INR 172.44 compared to INR 19.15 a year ago. Diluted loss per share from continuing operations was INR 172.44 compared to INR 19.15 a year ago.