Jindal Cotex 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 37.6 million compared to INR 131.48 million a year ago. Revenue was INR 41.99 million compared to INR 135.6 million a year ago. Net income was INR 125.6 million compared to net loss of INR 1.74 million a year ago. Basic earnings per share from continuing operations was INR 2.79 compared to basic loss per share from continuing operations of INR 0.04 a year ago.
For the nine months, sales was INR 130.47 million compared to INR 200.21 million a year ago. Revenue was INR 143.43 million compared to INR 212.44 million a year ago. Net income was INR 94.43 million compared to net loss of INR 36.89 million a year ago. Basic earnings per share from continuing operations was INR 2.1 compared to basic loss per share from continuing operations of INR 0.82 a year ago.