SVP Global Textiles 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 705.82 million compared to INR 2,863.69 million a year ago. Revenue was INR 705.82 million compared to INR 3,018.12 million a year ago. Net loss was INR 431.83 million compared to net income of INR 212.94 million a year ago. Basic loss per share from continuing operations was INR 3.76 compared to INR 0.44 a year ago. Diluted loss per share from continuing operations was INR 3.76 compared to INR 0.44 a year ago.
For the nine months, sales was INR 2,210.08 million compared to INR 8,402.56 million a year ago. Revenue was INR 2,210.11 million compared to INR 8,763.97 million a year ago. Net loss was INR 1,568.34 million compared to net income of INR 328.6 million a year ago. Basic loss per share from continuing operations was INR 13.68 compared to INR 4.98 a year ago. Diluted loss per share from continuing operations was INR 13.68 compared to INR 4.98 a year ago.