Ambika Cotton Mills 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 2,521.4 million compared to INR 1,926.7 million a year ago. Revenue was INR 2,538 million compared to INR 1,927.8 million a year ago. Net income was INR 518.5 million compared to INR 211 million a year ago. Basic earnings per share from continuing operations was INR 90.57 compared to INR 36.85 a year ago. Diluted earnings per share from continuing operations was INR 90.57 compared to INR 36.85 a year ago.
For the nine months, sales was INR 6,601.7 million compared to INR 4,374.5 million a year ago. Revenue was INR 6,626.6 million compared to INR 4,377.4 million a year ago. Net income was INR 1,331.9 million compared to INR 389.8 million a year ago. Basic earnings per share from continuing operations was INR 232.65 compared to INR 68.08 a year ago. Diluted earnings per share from continuing operations was INR 232.65 compared to INR 68.08 a year ago.