Kwality Credit & Leasing Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 1.14 million compared to INR 0.253 million a year ago. Net income was INR 0.283 million compared to net loss of INR 0.576 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to basic loss per share from continuing operations of INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 0.14 a year ago.
For the nine months, revenue was INR 3.43 million compared to INR 0.891 million a year ago. Net loss was INR 0.533 million compared to INR 5.6 million a year ago. Basic loss per share from continuing operations was INR 0.13 compared to INR 1.33 a year ago. Diluted loss per share from continuing operations was INR 0.13 compared to INR 1.33 a year ago.