Sri Ramakrishna Mills (Coimbatore) 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 98.98 million compared to INR 118.22 million a year ago. Revenue was INR 99.62 million compared to INR 119.01 million a year ago. Net income was INR 1.99 million compared to net loss of INR 8.45 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to basic loss per share from continuing operations of INR 1.19 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to diluted loss per share from continuing operations of INR 1.19 a year ago.
For the nine months, sales was INR 263.53 million compared to INR 314.7 million a year ago. Revenue was INR 265.9 million compared to INR 317.12 million a year ago. Net loss was INR 16.25 million compared to net income of INR 14.61 million a year ago. Basic loss per share from continuing operations was INR 2.28 compared to basic earnings per share from continuing operations of INR 2.05 a year ago. Diluted loss per share from continuing operations was INR 2.28 compared to diluted earnings per share from continuing operations of INR 2.05 a year ago.