ARSS Infrastructure Projects 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 524.89 million compared to INR 671.43 million a year ago. Revenue was INR 575.16 million compared to INR 741.98 million a year ago. Net income was INR 27.79 million compared to net loss of INR 489.12 million a year ago. Basic earnings per share from continuing operations was INR 1.22 compared to basic loss per share from continuing operations of INR 21.51 a year ago. Diluted earnings per share from continuing operations was INR 1.22 compared to diluted loss per share from continuing operations of INR 21.51 a year ago.
For the nine months, sales was INR 1,657.18 million compared to INR 1,563.6 million a year ago. Revenue was INR 177,974.4 million compared to INR 1,739.69 million a year ago. Net loss was INR 331.45 million compared to INR 546.98 million a year ago. Basic loss per share from continuing operations was INR 14.58 compared to INR 24.06 a year ago. Diluted loss per share from continuing operations was INR 14.58 compared to INR 24.06 a year ago.