Kothari Products 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 5,120.6 million compared to INR 7,737.8 million a year ago. Revenue was INR 5,212.6 million compared to INR 7,791.7 million a year ago. Net loss was INR 7.8 million compared to INR 854.1 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to INR 26.62 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to INR 26.62 a year ago.
For the nine months, sales was INR 28,346.4 million compared to INR 21,589.6 million a year ago. Revenue was INR 28,698.9 million compared to INR 21,787.2 million a year ago. Net income was INR 46.6 million compared to net loss of INR 1,284.9 million a year ago. Basic earnings per share from continuing operations was INR 1.57 compared to basic loss per share from continuing operations of INR 43.06 a year ago. Diluted earnings per share from continuing operations was INR 1.57 compared to diluted loss per share from continuing operations of INR 43.06 a year ago.