Mohit 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 449.04 million compared to INR 446.7 million a year ago. Revenue was INR 416.93 million compared to INR 449.24 million a year ago. Net loss was INR 0.989 million compared to net income of INR 13.1 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to basic earnings per share from continuing operations of INR 0.92 a year ago. Diluted loss per share from continuing operations was INR 0.07 compared to diluted earnings per share from continuing operations of INR 0.92 a year ago.
For the nine months, sales was INR 1,287.91 million compared to INR 954.11 million a year ago. Revenue was INR 1,297.98 million compared to INR 960.14 million a year ago. Net income was INR 1.05 million compared to net loss of INR 14.69 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 1.04 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 1.04 a year ago.