Ovobel 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 338.89 million compared to INR 273.79 million a year ago. Revenue was INR 338.89 million compared to INR 273.79 million a year ago. Net loss was INR 0.655 million compared to INR 55.76 million a year ago. Basic loss per share from continuing operations was INR 0.06 compared to INR 5.31 a year ago. Diluted loss per share from continuing operations was INR 0.06 compared to INR 5.31 a year ago.
For the nine months, sales was INR 889.49 million compared to INR 823.8 million a year ago. Revenue was INR 889.49 million compared to INR 823.8 million a year ago. Net loss was INR 50.67 million compared to INR 15.77 million a year ago. Basic loss per share from continuing operations was INR 4.83 compared to INR 1.41 a year ago. Diluted loss per share from continuing operations was INR 4.83 compared to INR 1.41 a year ago.