Zodiac Clothing Company 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 460.7 million compared to INR 386.2 million a year ago. Revenue was INR 470.3 million compared to INR 527.6 million a year ago. Net loss was INR 70.7 million compared to net income of INR 59.9 million a year ago. Basic loss per share from continuing operations was INR 2.86 compared to basic earnings per share from continuing operations of INR 2.42 a year ago. Diluted loss per share from continuing operations was INR 2.86 compared to diluted earnings per share from continuing operations of INR 2.42 a year ago.
For the nine months, sales was INR 1,327.2 million compared to INR 878.3 million a year ago. Revenue was INR 1,373.2 million compared to INR 1,112.7 million a year ago. Net loss was INR 173.9 million compared to INR 98 million a year ago. Basic loss per share from continuing operations was INR 7.02 compared to INR 3.96 a year ago. Diluted loss per share from continuing operations was INR 7.02 compared to INR 3.96 a year ago.