Kandagiri Spinning Mills 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 14.15 million. Revenue was INR 20.01 million compared to INR 4.58 million a year ago. Net income was INR 1.18 million compared to INR 0.031 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 0.01 a year ago.
For the nine months, sales was INR 28.76 million compared to INR 4.72 million a year ago. Revenue was INR 47.05 million compared to INR 15.46 million a year ago. Net income was INR 8.33 million compared to net loss of INR 7.57 million a year ago. Basic earnings per share from continuing operations was INR 2.16 compared to basic loss per share from continuing operations of INR 1.96 a year ago.