VIP Clothing 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 448.91 million compared to INR 441.56 million a year ago. Revenue was INR 449.93 million compared to INR 445.97 million a year ago. Net loss was INR 33.8 million compared to net income of INR 50.88 million a year ago. Basic loss per share from continuing operations was INR 0.41 compared to basic earnings per share from continuing operations of INR 0.62 a year ago. Diluted loss per share from continuing operations was INR 0.41 compared to diluted earnings per share from continuing operations of INR 0.62 a year ago.
For the nine months, sales was INR 1,509 million compared to INR 1,490.1 million a year ago. Revenue was INR 1,512.3 million compared to INR 1,506.46 million a year ago. Net loss was INR 52.51 million compared to net income of INR 46.61 million a year ago. Basic loss per share from continuing operations was INR 0.64 compared to basic earnings per share from continuing operations of INR 0.56 a year ago. Diluted loss per share from continuing operations was INR 0.64 compared to diluted earnings per share from continuing operations of INR 0.56 a year ago.