Salona Cotspin 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 1,706.03 million compared to INR 709.73 million a year ago. Revenue was INR 1,706.03 million compared to INR 710.18 million a year ago. Net income was INR 66.77 million compared to INR 26.46 million a year ago. Basic earnings per share from continuing operations was INR 12.69 compared to INR 5.03 a year ago. Diluted earnings per share from continuing operations was INR 12.69 compared to INR 5.03 a year ago.
For the nine months, sales was INR 4,764.25 million compared to INR 1,488.53 million a year ago. Revenue was INR 4,765.05 million compared to INR 1,489 million a year ago. Net income was INR 184.86 million compared to INR 40.89 million a year ago. Basic earnings per share from continuing operations was INR 35.13 compared to INR 7.77 a year ago. Diluted earnings per share from continuing operations was INR 35.13 compared to INR 7.77 a year ago.