Galaxy Bearings Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 276.16 million compared to INR 175.4 million a year ago. Revenue was INR 278.75 million compared to INR 179.06 million a year ago. Net income was INR 31.77 million compared to INR 23.74 million a year ago. Basic earnings per share from continuing operations was INR 9.99 compared to INR 7.46 a year ago. Diluted earnings per share from continuing operations was INR 9.99 compared to INR 7.46 a year ago.
For the nine months, sales was INR 697.09 million compared to INR 467.85 million a year ago. Revenue was INR 704.55 million compared to INR 474.2 million a year ago. Net income was INR 86.99 million compared to INR 58.36 million a year ago. Basic earnings per share from continuing operations was INR 27.36 compared to INR 18.35 a year ago. Diluted earnings per share from continuing operations was INR 27.36 compared to INR 18.35 a year ago.