Panache Innovations 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 24.4 million compared to INR 23.34 million a year ago. Revenue was INR 25.15 million compared to INR 24.06 million a year ago. Net income was INR 0.172 million compared to net loss of INR 1.53 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to basic loss per share from continuing operations of INR 0.35 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to diluted loss per share from continuing operations of INR 0.35 a year ago. Basic earnings per share was INR 0.04 compared to basic loss per share of INR 0.35 a year ago. Diluted earnings per share was INR 0.04 compared to diluted loss per share of INR 0.35 a year ago.
For the nine months, sales was INR 64.59 million compared to INR 70.91 million a year ago. Revenue was INR 67.05 million compared to INR 72.95 million a year ago. Net income was INR 0.373 million compared to net loss of INR 3.93 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to basic loss per share from continuing operations of INR 0.89 a year ago. Diluted earnings per share from continuing operations was INR 0.08 compared to diluted loss per share from continuing operations of INR 0.89 a year ago. Basic earnings per share was INR 0.08 compared to basic loss per share of INR 0.89 a year ago. Diluted earnings per share was INR 0.08 compared to diluted loss per share of INR 0.89 a year ago.