Garnet International 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 23.76 million compared to INR 3 million a year ago. Revenue was INR 99.92 million compared to INR 46.6 million a year ago. Net income was INR 0.204 million compared to net loss of INR 22.12 million a year ago.
For the nine months, sales was INR 98.33 million compared to INR 9.43 million a year ago. Revenue was INR 333.94 million compared to INR 100.38 million a year ago. Net loss was INR 15.84 million compared to INR 30.46 million a year ago. Basic loss per share from continuing operations was INR 0.58 compared to INR 1.55 a year ago. Diluted loss per share from continuing operations was INR 0.58 compared to INR 1.55 a year ago.