Majestic Auto 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 126.94 million compared to INR 137.62 million a year ago. Revenue was INR 141.42 million compared to INR 150.85 million a year ago. Net income was INR 23.86 million compared to INR 29.99 million a year ago. Basic earnings per share from continuing operations was INR 2.77 compared to INR 3.3 a year ago. Diluted earnings per share from continuing operations was INR 2.77 compared to INR 3.3 a year ago.
For the nine months, sales was INR 373.44 million compared to INR 435.1 million a year ago. Revenue was INR 448.97 million compared to INR 492.61 million a year ago. Net income was INR 90.1 million compared to INR 114.2 million a year ago. Basic earnings per share from continuing operations was INR 9.87 compared to INR 12.36 a year ago. Diluted earnings per share from continuing operations was INR 9.87 compared to INR 12.36 a year ago.