Nivaka Fashions Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 11.55 million compared to INR 30.89 million a year ago. Revenue was INR 11.59 million compared to INR 30.9 million a year ago. Net income was INR 0.988 million compared to INR 0.125 million a year ago. Basic earnings per share from continuing operations was INR 0.009. Diluted earnings per share from continuing operations was INR 0.009.
For the nine months, sales was INR 35.92 million compared to INR 84.85 million a year ago. Revenue was INR 36.01 million compared to INR 8,487.9 million a year ago. Net loss was INR 1.63 million compared to INR 0.556 million a year ago.