Ludlow Jute & Specialities Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
For the nine months, sales was INR 3,479.9 million compared to INR 4,049.8 million a year ago. Revenue was INR 3,485.1 million compared to INR 4,060.3 million a year ago. Net loss was INR 71.1 million compared to net income of INR 18.4 million a year ago. Basic loss per share from continuing operations was INR 6.6 compared to basic earnings per share from continuing operations of INR 1.7 a year ago. Diluted loss per share from continuing operations was INR 6.6 compared to diluted earnings per share from continuing operations of INR 1.7 a year ago.