Oceanic Foods 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 334.9 million compared to INR 248.6 million a year ago. Revenue was INR 346.1 million compared to INR 254.4 million a year ago. Net income was INR 13.3 million compared to INR 6 million a year ago. Basic earnings per share from continuing operations was INR 1.18 compared to INR 0.53 a year ago. Diluted earnings per share from continuing operations was INR 1.18 compared to INR 0.53 a year ago.
For the nine months, sales was INR 891.5 million compared to INR 726.4 million a year ago. Revenue was INR 923.4 million compared to INR 763.9 million a year ago. Net income was INR 33.6 million compared to INR 13.4 million a year ago. Basic earnings per share from continuing operations was INR 2.98 compared to INR 1.19 a year ago. Diluted earnings per share from continuing operations was INR 2.98 compared to INR 1.19 a year ago.