Rane Brake Lining 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 1,338 million compared to INR 1,324.4 million a year ago. Revenue was INR 1,371.5 million compared to INR 1,335.9 million a year ago. Net income was INR 68.8 million compared to INR 128.9 million a year ago. Basic earnings per share from continuing operations was INR 8.89 compared to INR 16.4 a year ago. Diluted earnings per share from continuing operations was INR 8.89 compared to INR 16.4 a year ago.
For the nine months, sales was INR 3,501 million compared to INR 2,745.8 million a year ago. Revenue was INR 3,612.4 million compared to INR 2,824.4 million a year ago. Net income was INR 140.1 million compared to INR 175.4 million a year ago. Basic earnings per share from continuing operations was INR 18.12 compared to INR 22.2 a year ago. Diluted earnings per share from continuing operations was INR 18.12 compared to INR 22.2 a year ago.