Bhagwati Autocast 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 215.13 million compared to INR 313.47 million a year ago. Revenue was INR 215.18 million compared to INR 313.53 million a year ago. Net loss was INR 21.58 million compared to net income of INR 10.33 million a year ago. Basic loss per share from continuing operations was INR 7.49 compared to basic earnings per share from continuing operations of INR 3.59 a year ago. Diluted loss per share from continuing operations was INR 7.49 compared to diluted earnings per share from continuing operations of INR 3.59 a year ago.
For the nine months, sales was INR 888.7 million compared to INR 710.28 million a year ago. Revenue was INR 889.41 million compared to INR 710.7 million a year ago. Net loss was INR 11.94 million compared to net income of INR 5.71 million a year ago. Basic loss per share from continuing operations was INR 4.14 compared to basic earnings per share from continuing operations of INR 1.98 a year ago. Diluted loss per share from continuing operations was INR 4.14 compared to diluted earnings per share from continuing operations of INR 1.98 a year ago.