Hindoostan Mills 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 215.21 million compared to INR 190.08 million a year ago. Revenue was INR 235.89 million compared to INR 197.94 million a year ago. Net income was INR 11.79 million compared to net loss of INR 31.3 million a year ago. Basic earnings per share from continuing operations was INR 7.09 compared to basic loss per share from continuing operations of INR 18.8 a year ago. Diluted earnings per share from continuing operations was INR 7.09 compared to diluted loss per share from continuing operations of INR 18.8 a year ago.
For the nine months, sales was INR 649.08 million compared to INR 677.64 million a year ago. Revenue was INR 699.22 million compared to INR 708.91 million a year ago. Net income was INR 3.56 million compared to net loss of INR 65.05 million a year ago. Basic earnings per share from continuing operations was INR 2.14 compared to basic loss per share from continuing operations of INR 39.08 a year ago. Diluted earnings per share from continuing operations was INR 2.14 compared to diluted loss per share from continuing operations of INR 39.08 a year ago.