The State Trading Corporation of India Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 80 million compared to INR 147.6 million a year ago. Revenue was INR 304 million compared to INR 290.3 million a year ago. Net income was INR 125.4 million compared to net loss of INR 31.6 million a year ago. Basic earnings per share from continuing operations was INR 2.09 compared to basic loss per share from continuing operations of INR 0.53 a year ago. Diluted earnings per share from continuing operations was INR 2.09 compared to diluted loss per share from continuing operations of INR 0.53 a year ago.
For the nine months, sales was INR 80 million compared to INR 2,477.1 million a year ago. Revenue was INR 647.7 million compared to INR 2,912.3 million a year ago. Net loss was INR 678.1 million compared to INR 222.5 million a year ago. Basic loss per share from continuing operations was INR 11.3 compared to INR 3.71 a year ago. Diluted loss per share from continuing operations was INR 11.3 compared to INR 3.71 a year ago.