K.C.P. Sugar and Industries Corporation 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 1,142.95 million compared to INR 894.67 million a year ago. Revenue was INR 1,170.11 million compared to INR 1,090.33 million a year ago. Net loss was INR 85.19 million compared to net income of INR 113.1 million a year ago. Basic loss per share from continuing operations was INR 0.77 compared to basic earnings per share from continuing operations of INR 1.07 a year ago. Basic loss per share was INR 0.8 compared to basic earnings per share of INR 1.07 a year ago.
For the nine months, sales was INR 2,539.67 million compared to INR 2,408.72 million a year ago. Revenue was INR 2,756.76 million compared to INR 2,745.34 million a year ago. Net income was INR 86.86 million compared to INR 163.01 million a year ago. Basic earnings per share from continuing operations was INR 0.74 compared to INR 1.54 a year ago. Basic earnings per share was INR 0.79 compared to INR 1.54 a year ago.