Prakash Woollen & Synthetic Mills 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 463.8 million compared to INR 389.76 million a year ago. Revenue was INR 464 million compared to INR 390.06 million a year ago. Net loss was INR 14.47 million compared to net income of INR 1.82 million a year ago. Basic loss per share from continuing operations was INR 1.41 compared to basic earnings per share from continuing operations of INR 0.18 a year ago. Diluted loss per share from continuing operations was INR 1.41 compared to diluted earnings per share from continuing operations of INR 0.18 a year ago.
For the nine months, sales was INR 885.69 million compared to INR 770.12 million a year ago. Revenue was INR 886.05 million compared to INR 771.46 million a year ago. Net loss was INR 52.57 million compared to net income of INR 2.03 million a year ago. Basic loss per share from continuing operations was INR 5.12 compared to basic earnings per share from continuing operations of INR 0.2 a year ago. Diluted loss per share from continuing operations was INR 5.12 compared to diluted earnings per share from continuing operations of INR 0.2 a year ago.