Ashok Alco-Chem 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 32.75 million compared to INR 74.81 million a year ago. Revenue was INR 43.25 million compared to INR 116.52 million a year ago. Net income was INR 3.24 million compared to INR 20.4 million a year ago. Basic earnings per share from continuing operations was INR 0.7 compared to INR 4.43 a year ago.
For the nine months, sales was INR 149.45 million compared to INR 182.88 million a year ago. Revenue was INR 172.17 million compared to INR 238.52 million a year ago. Net income was INR 4.85 million compared to INR 25.92 million a year ago. Basic earnings per share from continuing operations was INR 1.05 compared to INR 5.64 a year ago.