Amarjothi Spinning 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 343.71 million compared to INR 316.82 million a year ago. Revenue was INR 347.04 million compared to INR 321.53 million a year ago. Net income was INR 25.12 million compared to INR 14.56 million a year ago. Basic earnings per share from continuing operations was INR 3.72 compared to INR 2.16 a year ago. Diluted earnings per share from continuing operations was INR 3.72 compared to INR 2.16 a year ago.
For the nine months, sales was INR 1,201.54 million compared to INR 1,513.78 million a year ago. Revenue was INR 1,210.22 million compared to INR 1,530.3 million a year ago. Net income was INR 74.19 million compared to INR 86.06 million a year ago. Basic earnings per share from continuing operations was INR 10.99 compared to INR 12.75 a year ago. Diluted earnings per share from continuing operations was INR 10.99 compared to INR 12.75 a year ago.