Bhilwara Technical Textiles 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 31.06 million compared to INR 35.87 million a year ago. Revenue was INR 34.77 million compared to INR 39.55 million a year ago. Net income was INR 5.41 million compared to net loss of INR 24.65 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to basic loss per share from continuing operations of INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.09 compared to diluted loss per share from continuing operations of INR 0.42 a year ago.
For the nine months, sales was INR 102.52 million compared to INR 112.18 million a year ago. Revenue was INR 113.96 million compared to INR 124.71 million a year ago. Net income was INR 97.79 million compared to net loss of INR 17.8 million a year ago. Basic earnings per share from continuing operations was INR 1.68 compared to basic loss per share from continuing operations of INR 0.3 a year ago. Diluted earnings per share from continuing operations was INR 1.68 compared to diluted loss per share from continuing operations of INR 0.3 a year ago.