Nishat Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 56,507.53 million compared to PKR 49,187.22 million a year ago. Net income was PKR 1,280.8 million compared to PKR 3,916.12 million a year ago. Basic earnings per share from continuing operations was PKR 3.64 compared to PKR 11.14 a year ago.
For the nine months, sales was PKR 159,350.2 million compared to PKR 143,229.02 million a year ago. Net income was PKR 6,103.28 million compared to PKR 11,415.51 million a year ago. Basic earnings per share from continuing operations was PKR 17.36 compared to PKR 32.47 a year ago.