Murudeshwar Ceramics Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 377.71 million compared to INR 280.21 million a year ago. Revenue was INR 382.43 million compared to INR 281.96 million a year ago. Net income was INR 15.46 million compared to INR 20.11 million a year ago. Basic earnings per share from continuing operations was INR 0.295 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.268 compared to INR 0.42 a year ago.
For the nine months, sales was INR 856.23 million compared to INR 518.85 million a year ago. Revenue was INR 862.91 million compared to INR 521.47 million a year ago. Net income was INR 18.96 million compared to net loss of INR 172.32 million a year ago. Basic earnings per share from continuing operations was INR 0.362 compared to basic loss per share from continuing operations of INR 3.62 a year ago. Diluted earnings per share from continuing operations was INR 0.329 compared to diluted loss per share from continuing operations of INR 3.62 a year ago.