Nandan Denim 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 4,621.77 million compared to INR 2,622.39 million a year ago. Revenue was INR 4,635.7 million compared to INR 2,639.56 million a year ago. Net income was INR 79.56 million compared to net loss of INR 133.84 million a year ago. Basic earnings per share from continuing operations was INR 0.55 compared to basic loss per share from continuing operations of INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 55 compared to diluted loss per share from continuing operations of INR 0.93 a year ago.
For the nine months, sales was INR 14,309.67 million compared to INR 15,696.01 million a year ago. Revenue was INR 14,397.66 million compared to INR 15,753.86 million a year ago. Net income was INR 178.62 million compared to net loss of INR 22.3 million a year ago. Basic earnings per share from continuing operations was INR 1.24 compared to basic loss per share from continuing operations of INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 1.24 compared to diluted loss per share from continuing operations of INR 0.15 a year ago.