Binani 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 2.6 million compared to INR 2.1 million a year ago. Revenue was INR 20.7 million compared to INR 11.6 million a year ago. Net income was INR 2.3 million compared to net loss of INR 793.5 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to basic loss per share from continuing operations of INR 25.3 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 25.3 a year ago.
For the nine months, sales was INR 8.6 million compared to INR 16.3 million a year ago. Revenue was INR 46.1 million compared to INR 49.2 million a year ago. Net loss was INR 13.8 million compared to INR 1,200.1 million a year ago. Basic loss per share from continuing operations was INR 0.43 compared to INR 38.26 a year ago. Diluted loss per share from continuing operations was INR 0.43 compared to INR 38.26 a year ago.