VIP Clothing 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 437.22 million compared to INR 494.51 million a year ago. Revenue was INR 445.97 million compared to INR 512.39 million a year ago. Net income was INR 50.88 million compared to net loss of INR 24.06 million a year ago. Basic earnings per share from continuing operations was INR 0.62 compared to basic loss per share from continuing operations of INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 0.62 compared to diluted loss per share from continuing operations of INR 0.29 a year ago.
For the nine months, sales was INR 1,477.27 million compared to INR 1,329.63 million a year ago. Revenue was INR 1,506.46 million compared to INR 1,360.58 million a year ago. Net income was INR 46.61 million compared to net loss of INR 43.02 million a year ago. Basic earnings per share from continuing operations was INR 0.56 compared to basic loss per share from continuing operations of INR 0.52 a year ago. Diluted earnings per share from continuing operations was INR 0.56 compared to diluted loss per share from continuing operations of INR 0.52 a year ago.