Kuwer Industries 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 174.45 million compared to INR 134.89 million a year ago. Revenue was INR 174.53 million compared to INR 137.9 million a year ago. Net loss was INR 13.67 million compared to INR 2.28 million a year ago. Basic loss per share from continuing operations was INR 1.51 compared to INR 0.25 a year ago. Diluted loss per share from continuing operations was INR 1.51 compared to INR 0.25 a year ago.
For the nine months, sales was INR 469.45 million compared to INR 417.63 million a year ago. Revenue was INR 470.14 million compared to INR 425.94 million a year ago. Net loss was INR 20.65 million compared to net income of INR 0.263 million a year ago. Basic loss per share from continuing operations was INR 2.28 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 2.28 compared to diluted earnings per share from continuing operations of INR 0.03 a year ago.