Gillanders Arbuthnot and Company Limited reported earnings results for the third quarter and nine months ended December 30, 2023. For the third quarter, the company reported sales was INR 1,014.29 million compared to INR 1,032.38 million a year ago. Revenue was INR 1,096.76 million compared to INR 1,093.06 million a year ago. Net loss was INR 223.49 million compared to net income of INR 7.37 million a year ago. Basic loss per share from continuing operations was INR 10.47 compared to basic earnings per share from continuing operations of INR 0.35 a year ago.
For the nine months, sales was INR 2,945.3 million compared to INR 3,716.12 million a year ago. Revenue was INR 3,092.29 million compared to INR 3,835.44 million a year ago. Net loss was INR 239.69 million compared to net income of INR 256.35 million a year ago. Basic loss per share from continuing operations was INR 11.23 compared to basic earnings per share from continuing operations of INR 12.01 a year ago.