Kakatiya Textiles 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 122.9 million compared to INR 55.3 million a year ago. Revenue was INR 123 million compared to INR 55.5 million a year ago. Net income was INR 10.6 million compared to net loss of INR 3.2 million a year ago. Basic earnings per share from continuing operations was INR 1.84 compared to basic loss per share from continuing operations of INR 0.56 a year ago. Diluted earnings per share from continuing operations was INR 1.84 compared to diluted loss per share from continuing operations of INR 0.56 a year ago.
For the nine months, sales was INR 311.2 million compared to INR 101.5 million a year ago. Revenue was INR 311.5 million compared to INR 102 million a year ago. Net income was INR 1.7 million compared to net loss of INR 14.4 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to basic loss per share from continuing operations of INR 2.5 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to diluted loss per share from continuing operations of INR 2.5 a year ago.