Reliance Cotton Spinning 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 3,870.8 million compared to PKR 3,176.09 million a year ago. Net income was PKR 150.06 million compared to PKR 455.85 million a year ago. Basic earnings per share from continuing operations was PKR 14.58 compared to PKR 44.29 a year ago.
For the nine months, sales was PKR 10,612.12 million compared to PKR 7,964.99 million a year ago. Net income was PKR 856.9 million compared to PKR 1,208.29 million a year ago. Basic earnings per share from continuing operations was PKR 83.26 compared to PKR 117.4 a year ago.