Sri Lakshmi Saraswathi Textiles (Arni) 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 306.47 million compared to INR 358.73 million a year ago. Revenue was INR 306.88 million compared to INR 361.18 million a year ago. Net loss was INR 56.35 million compared to INR 64.66 million a year ago. Basic loss per share from continuing operations was INR 16.91 compared to INR 19.4 a year ago. Diluted loss per share from continuing operations was INR 16.91 compared to INR 19.4 a year ago.
For the nine months, sales was INR 988.21 million compared to INR 1,166.41 million a year ago. Revenue was INR 989.35 million compared to INR 1,170.15 million a year ago. Net loss was INR 159.57 million compared to INR 144.45 million a year ago. Basic loss per share from continuing operations was INR 47.88 compared to INR 43.34 a year ago. Diluted loss per share from continuing operations was INR 47.88 compared to INR 43.34 a year ago.