Hindoostan Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 190.08 million compared to INR 277.91 million a year ago. Revenue was INR 197.94 million compared to INR 290.43 million a year ago. Net loss was INR 31.3 million compared to net income of INR 1.75 million a year ago. Basic loss per share from continuing operations was INR 18.8 compared to basic earnings per share from continuing operations of INR 1.05 a year ago. Diluted loss per share from continuing operations was INR 18.8 compared to diluted earnings per share from continuing operations of INR 1.05 a year ago.
For the nine months, sales was INR 677.64 million compared to INR 724.98 million a year ago. Revenue was INR 708.91 million compared to INR 758.62 million a year ago. Net loss was INR 65.05 million compared to INR 8.56 million a year ago. Basic loss per share from continuing operations was INR 39.08 compared to INR 5.14 a year ago. Diluted loss per share from continuing operations was INR 39.08 compared to INR 5.14 a year ago.