Dhanlaxmi Fabrics 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 45.43 million compared to INR 239.08 million a year ago. Revenue was INR 48.86 million compared to INR 241.05 million a year ago. Net loss was INR 19.12 million compared to net income of INR 0.767 million a year ago. Basic loss per share from continuing operations was INR 2.23 compared to basic earnings per share from continuing operations of INR 0.01 a year ago.
For the nine months, sales was INR 138.4 million compared to INR 684.08 million a year ago. Revenue was INR 148.36 million compared to INR 690.93 million a year ago. Net loss was INR 52.58 million compared to net income of INR 7.27 million a year ago. Basic loss per share from continuing operations was INR 6.13 compared to basic earnings per share from continuing operations of INR 0.77 a year ago.