Nishat Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 49,187.22 million compared to PKR 42,816.4 million a year ago. Net income was PKR 3,916.12 million compared to PKR 4,425.51 million a year ago. Basic earnings per share from continuing operations was PKR 11.14 compared to PKR 12.59 a year ago.
For the nine months, sales was PKR 143,229.02 million compared to PKR 118,748.6 million a year ago. Net income was PKR 11,415.51 million compared to PKR 11,722.69 million a year ago. Basic earnings per share from continuing operations was PKR 32.47 compared to PKR 33.34 a year ago.