Cosmo Ferrites 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 347.5 million compared to INR 191.1 million a year ago. Revenue was INR 352.1 million compared to INR 197 million a year ago. Net income was INR 40.8 million compared to INR 3.6 million a year ago. Basic earnings per share from continuing operations was INR 3.39 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 3.39 compared to INR 0.31 a year ago.
For the nine months, sales was INR 807.5 million compared to INR 447.7 million a year ago. Revenue was INR 821.6 million compared to INR 458.1 million a year ago. Net income was INR 93.3 million compared to net loss of INR 5 million a year ago. Basic earnings per share from continuing operations was INR 7.76 compared to basic loss per share from continuing operations of INR 0.41 a year ago. Diluted earnings per share from continuing operations was INR 7.76 compared to diluted loss per share from continuing operations of INR 0.41 a year ago.