Electrotherm (India) 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 8,105.8 million compared to INR 7,495.8 million a year ago. Revenue was INR 8,113 million compared to INR 7,507.4 million a year ago. Net loss was INR 135.8 million compared to net income of INR 469.8 million a year ago. Basic loss per share from continuing operations was INR 10.66 compared to basic earnings per share from continuing operations of INR 36.88 a year ago. Diluted loss per share from continuing operations was INR 10.66 compared to diluted earnings per share from continuing operations of INR 36.88 a year ago.
For the nine months, sales was INR 22,245.7 million compared to INR 16,253.1 million a year ago. Revenue was INR 22,266.9 million compared to INR 16,278.6 million a year ago. Net loss was INR 176.4 million compared to INR 222.8 million a year ago. Basic loss per share from continuing operations was INR 13.85 compared to INR 17.49 a year ago. Diluted loss per share from continuing operations was INR 13.85 compared to INR 17.49 a year ago.