Soma Textiles & Industries 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 20.6 million compared to INR 20.1 million a year ago. Revenue was INR 26.9 million compared to INR 109.6 million a year ago. Net income was INR 8.4 million compared to INR 1,311 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to INR 39.68 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to INR 39.68 a year ago.
For the nine months, sales was INR 47 million compared to INR 24.2 million a year ago. Revenue was INR 67.6 million compared to INR 181.6 million a year ago. Net income was INR 18.2 million compared to INR 1,678.9 million a year ago. Basic earnings per share from continuing operations was INR 0.55 compared to INR 50.82 a year ago. Diluted earnings per share from continuing operations was INR 0.55 compared to INR 50.82 a year ago.