Mahesh Developers Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 9.21 million compared to INR 12.59 million a year ago. Net income was INR 0.535 million compared to net loss of INR 0.385 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to basic loss per share from continuing operations of INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to diluted loss per share from continuing operations of INR 0.09 a year ago.
For the nine months, revenue was INR 48.52 million compared to INR 14.03 million a year ago. Net income was INR 6.03 million compared to net loss of INR 0.981 million a year ago. Basic earnings per share from continuing operations was INR 1.45 compared to basic loss per share from continuing operations of INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 1.45 compared to diluted loss per share from continuing operations of INR 0.24 a year ago.