Gallantt Ispat 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 3,747.01 million compared to INR 2,896.38 million a year ago. Revenue was INR 3,749.43 million compared to INR 2,901.02 million a year ago. Net income was INR 275.61 million compared to INR 458.5 million a year ago. Basic earnings per share from continuing operations was INR 0.98 compared to INR 1.62 a year ago. Diluted earnings per share from continuing operations was INR 0.98 compared to INR 1.62 a year ago.
For the nine months, sales was INR 10,062.21 million compared to INR 6,925.46 million a year ago. Revenue was INR 10,070.47 million compared to INR 6,935.89 million a year ago. Net income was INR 740.81 million compared to INR 747.99 million a year ago. Basic earnings per share from continuing operations was INR 2.62 compared to INR 2.65 a year ago. Diluted earnings per share from continuing operations was INR 2.62 compared to INR 2.65 a year ago.