Kanco Tea & Industries 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 247.8 million compared to INR 298.1 million a year ago. Revenue was INR 295.7 million compared to INR 295.8 million a year ago. Net income was INR 49.5 million compared to net loss of INR 2.9 million a year ago. Basic earnings per share from continuing operations was INR 9.66 compared to basic loss per share from continuing operations of INR 0.57 a year ago.
For the nine months, sales was INR 798.9 million compared to INR 798 million a year ago. Revenue was INR 886.1 million compared to INR 814.1 million a year ago. Net income was INR 241.5 million compared to INR 221.7 million a year ago. Basic earnings per share from continuing operations was INR 47.14 compared to INR 43.28 a year ago.