Websol Energy System 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 496.6 million compared to INR 477.6 million a year ago. Revenue was INR 504.8 million compared to INR 492.6 million a year ago. Net income was INR 20.1 million compared to INR 536.3 million a year ago. Basic earnings per share from continuing operations was INR 0.61 compared to INR 17.53 a year ago. Diluted earnings per share from continuing operations was INR 0.61 compared to INR 15.26 a year ago.
For the nine months, sales was INR 1,506 million compared to INR 1,063.3 million a year ago. Revenue was INR 1,543.8 million compared to INR 1,102 million a year ago. Net income was INR 91.7 million compared to INR 643 million a year ago. Basic earnings per share from continuing operations was INR 2.78 compared to INR 21.02 a year ago. Diluted earnings per share from continuing operations was INR 2.78 compared to INR 18.3 a year ago.