Modella Woollens Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 16.01 million compared to INR 13.84 million a year ago. Net income was INR 14.9 million compared to INR 1.12 million a year ago. Basic earnings per share from continuing operations was INR 16.37 compared to INR 1.23 a year ago. Diluted earnings per share from continuing operations was INR 16.37 compared to INR 1.23 a year ago.
For the nine months, revenue was INR 16.08 million compared to INR 41.09 million a year ago. Net income was INR 15.98 million compared to INR 3.08 million a year ago. Basic earnings per share from continuing operations was INR 17.56 compared to INR 3.39 a year ago. Diluted earnings per share from continuing operations was INR 17.56 compared to INR 3.39 a year ago.