Coral Laboratories 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 133.25 million compared to INR 283.4 million a year ago. Revenue was INR 142.6 million compared to INR 288.05 million a year ago. Net income was INR 2.47 million compared to INR 46.26 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to INR 12.95 a year ago.
For the nine months, sales was INR 555.34 million compared to INR 687.52 million a year ago. Revenue was INR 588.19 million compared to INR 704.76 million a year ago. Net income was INR 64.99 million compared to INR 118.12 million a year ago. Basic earnings per share from continuing operations was INR 18.19 compared to INR 33.06 a year ago.