Nagina Cotton Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 4,832.3 million compared to PKR 3,032.15 million a year ago. Net income was PKR 9.9 million compared to PKR 100.66 million a year ago. Basic earnings per share from continuing operations was PKR 0.53 compared to PKR 5.38 a year ago. Diluted earnings per share from continuing operations was PKR 0.53 compared to PKR 5.38 a year ago.
For the nine months, sales was PKR 15,641.16 million compared to PKR 9,146.62 million a year ago. Net income was PKR 70.05 million compared to PKR 556.79 million a year ago. Basic earnings per share from continuing operations was PKR 3.75 compared to PKR 29.77 a year ago. Diluted earnings per share from continuing operations was PKR 3.75 compared to PKR 29.77 a year ago.