Terai Tea Company 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 266.15 million compared to INR 153.34 million a year ago. Revenue was INR 290.19 million compared to INR 171.36 million a year ago. Net income was INR 13.01 million compared to net loss of INR 79.76 million a year ago. Basic earnings per share from continuing operations was INR 1.88 compared to basic loss per share from continuing operations of INR 11.55 a year ago. Diluted earnings per share from continuing operations was INR 1.88 compared to diluted loss per share from continuing operations of INR 11.55 a year ago.
For the nine months, sales was INR 427.47 million compared to INR 614.74 million a year ago. Revenue was INR 567.09 million compared to INR 697.82 million a year ago. Net income was INR 130.51 million compared to INR 66.72 million a year ago. Basic earnings per share from continuing operations was INR 18.91 compared to INR 9.67 a year ago. Diluted earnings per share from continuing operations was INR 18.91 compared to INR 9.67 a year ago.