Vijay Textiles Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 98.69 million compared to INR 87.45 million a year ago. Revenue was INR 100.83 million compared to INR 149.68 million a year ago. Net loss was INR 18.98 million compared to net income of INR 32.06 million a year ago. Basic loss per share from continuing operations was INR 1.04 compared to basic earnings per share from continuing operations of INR 1.75 a year ago. Diluted loss per share from continuing operations was INR 1.04 compared to diluted earnings per share from continuing operations of INR 1.75 a year ago.
For the nine months, sales was INR 217.72 million compared to INR 201.94 million a year ago. Revenue was INR 219.92 million compared to INR 267.47 million a year ago. Net loss was INR 69.7 million compared to INR 71.6 million a year ago. Basic loss per share from continuing operations was INR 3.81 compared to INR 3.91 a year ago. Diluted loss per share from continuing operations was INR 3.81 compared to INR 3.91 a year ago.