Balurghat Technologies 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 168.35 million compared to INR 286.61 million a year ago. Revenue was INR 169.17 million compared to INR 286.94 million a year ago. Net income was INR 7.5 million compared to INR 5.85 million a year ago. Basic earnings per share from continuing operations was INR 0.43 compared to INR 0.33 a year ago.
For the nine months, sales was INR 451.46 million compared to INR 714.6 million a year ago. Revenue was INR 452.7 million compared to INR 715.25 million a year ago. Net loss was INR 2.36 million compared to net income of INR 0.6 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to basic earnings per share from continuing operations of INR 0.02 a year ago.