Somi Conveyor Beltings 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 151.1 million compared to INR 156.44 million a year ago. Revenue was INR 152.9 million compared to INR 156.77 million a year ago. Net income was INR 4.09 million compared to INR 10.8 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 0.92 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to INR 0.92 a year ago.
For the nine months, sales was INR 398.2 million compared to INR 263.86 million a year ago. Revenue was INR 401.09 million compared to INR 264.88 million a year ago. Net income was INR 11.15 million compared to INR 13.82 million a year ago. Basic earnings per share from continuing operations was INR 0.95 compared to INR 1.17 a year ago. Diluted earnings per share from continuing operations was INR 0.95 compared to INR 1.17 a year ago.