Tata Textile 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 12,564.19 million compared to PKR 9,587.92 million a year ago. Net loss was PKR 678.42 million compared to net income of PKR 185.26 million a year ago. Basic loss per share from continuing operations was PKR 12.12 compared to basic earnings per share from continuing operations of PKR 3.31 a year ago.
For the nine months, sales was PKR 35,379.68 million compared to PKR 23,591.88 million a year ago. Net loss was PKR 762.8 million compared to net income of PKR 302.16 million a year ago. Basic loss per share from continuing operations was PKR 13.62 compared to basic earnings per share from continuing operations of PKR 5.4 a year ago.