Tata Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 9,249.18 million compared to PKR 5,010.59 million a year ago. Net income was PKR 236.04 million compared to net loss of PKR 484.98 million a year ago. Basic earnings per share from continuing operations was PKR 4.22 compared to basic loss per share from continuing operations of PKR 8.66 a year ago.
For the six months, sales was PKR 22,815.5 million compared to PKR 14,003.95 million a year ago. Net loss was PKR 84.37 million compared to net income of PKR 116.9 million a year ago. Basic loss per share from continuing operations was PKR 1.51 compared to basic earnings per share from continuing operations of PKR 2.09 a year ago.