Hindustan Oil Exploration 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 439.33 million compared to INR 278.16 million a year ago. Revenue was INR 466.37 million compared to INR 305.13 million a year ago. Net income was INR 191.45 million compared to INR 83.97 million a year ago. Basic earnings per share from continuing operations was INR 1.45 compared to INR 0.63 a year ago. Diluted earnings per share from continuing operations was INR 1.45 compared to INR 0.63 a year ago.
For the nine months, sales was INR 1,135.18 million compared to INR 850.41 million a year ago. Revenue was INR 1,235.63 million compared to INR 955.06 million a year ago. Net income was INR 472.05 million compared to INR 322.21 million a year ago. Basic earnings per share from continuing operations was INR 3.57 compared to INR 2.44 a year ago. Diluted earnings per share from continuing operations was INR 3.57 compared to INR 2.44 a year ago.