Veejay Lakshmi Engineering Works 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 233.71 million compared to INR 142.98 million a year ago. Revenue was INR 234.58 million compared to INR 144.01 million a year ago. Net income was INR 11.7 million compared to INR 3.57 million a year ago. Basic earnings per share from continuing operations was INR 2.34 compared to INR 0.7 a year ago. Diluted earnings per share from continuing operations was INR 0.84 compared to INR 0.25 a year ago.
For the nine months, sales was INR 542.21 million compared to INR 283.57 million a year ago. Revenue was INR 550.09 million compared to INR 284.85 million a year ago. Net income was INR 17.41 million compared to net loss of INR 29.56 million a year ago. Basic earnings per share from continuing operations was INR 3.39 compared to basic loss per share from continuing operations of INR 5.71 a year ago. Diluted earnings per share from continuing operations was INR 1.22.