G. G. Dandekar Machine Works 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 2.19 million compared to INR 13.49 million a year ago. Revenue was INR 195.03 million compared to INR 14.77 million a year ago. Net income was INR 149.75 million compared to INR 0.663 million a year ago. Basic earnings per share from continuing operations was INR 31.45 compared to INR 0.14 a year ago.
For the nine months, sales was INR 12.71 million compared to INR 32.45 million a year ago. Revenue was INR 208.38 million compared to INR 35.29 million a year ago. Net income was INR 139.18 million compared to net loss of INR 0.511 million a year ago. Basic earnings per share from continuing operations was INR 29.23 compared to basic loss per share from continuing operations of INR 0.11 a year ago.