Precot Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,169.48 million compared to INR 2,192.48 million a year ago. Revenue was INR 2,297.03 million compared to INR 2,284.58 million a year ago. Net income was INR 88.1 million compared to net loss of INR 279.38 million a year ago. Basic earnings per share from continuing operations was INR 7.34 compared to basic loss per share from continuing operations of INR 23.28 a year ago.
For the nine months, sales was INR 6,841.06 million compared to INR 6,868.34 million a year ago. Revenue was INR 7,240.45 million compared to INR 7,193.57 million a year ago. Net income was INR 46.42 million compared to net loss of INR 171.19 million a year ago. Basic earnings per share from continuing operations was INR 3.87 compared to basic loss per share from continuing operations of INR 14.27 a year ago.