The Indian Card Clothing Company 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 126.31 million compared to INR 171.18 million a year ago. Revenue was INR 165.95 million compared to INR 206.52 million a year ago. Net loss was INR 8.28 million compared to net income of INR 33.65 million a year ago. Basic loss per share from continuing operations was INR 1.39 compared to basic earnings per share from continuing operations of INR 5.66 a year ago. Diluted loss per share from continuing operations was INR 1.39 compared to diluted earnings per share from continuing operations of INR 5.66 a year ago.
For the nine months, sales was INR 431.84 million compared to INR 511.06 million a year ago. Revenue was INR 585.73 million compared to INR 582.78 million a year ago. Net income was INR 65.09 million compared to INR 32.98 million a year ago. Basic earnings per share from continuing operations was INR 10.96 compared to INR 5.55 a year ago. Diluted earnings per share from continuing operations was INR 10.96 compared to INR 5.55 a year ago.