Konark Synthetic 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 133.45 million compared to INR 20.09 million a year ago. Revenue was INR 136.89 million compared to INR 21.64 million a year ago. Net income was INR 0.192 million compared to net loss of INR 8.65 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 1.49 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 1.49 a year ago.
For the nine months, sales was INR 259.46 million compared to INR 28.8 million a year ago. Revenue was INR 266.87 million compared to INR 34.84 million a year ago. Net loss was INR 26.75 million compared to net income of INR 35.86 million a year ago. Basic loss per share from continuing operations was INR 4.6 compared to basic earnings per share from continuing operations of INR 6.17 a year ago. Diluted loss per share from continuing operations was INR 4.6 compared to diluted earnings per share from continuing operations of INR 6.17 a year ago.