Bengal Tea & Fabrics 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 296.1 million compared to INR 166.6 million a year ago. Revenue was INR 319.7 million compared to INR 172.9 million a year ago. Net loss was INR 13.5 million compared to INR 19.5 million a year ago. Basic loss per share from continuing operations was INR 1.35 compared to INR 0.22 a year ago. Diluted loss per share from continuing operations was INR 1.35 compared to INR 0.22 a year ago. Basic loss per share was INR 1.48 compared to INR 2.16 a year ago. Diluted loss per share was INR 1.48 compared to INR 2.16 a year ago.
For the nine months, sales was INR 523.8 million compared to INR 459 million a year ago. Revenue was INR 567 million compared to INR 472.9 million a year ago. Net income was INR 21 million compared to INR 56 million a year ago. Basic earnings per share from continuing operations was INR 2.86 compared to INR 6.25 a year ago. Diluted earnings per share from continuing operations was INR 2.86 compared to INR 6.25 a year ago. Basic earnings per share was INR 2.33 compared to INR 6.22 a year ago. Diluted earnings per share was INR 2.33 compared to INR 6.22 a year ago.