Lactose (India) 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 121.6 million compared to INR 102.77 million a year ago. Revenue was INR 122.64 million compared to INR 103.55 million a year ago. Net income was INR 2.14 million compared to net loss of INR 4.95 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to basic loss per share from continuing operations of INR 0.49 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to diluted loss per share from continuing operations of INR 0.49 a year ago.
For the nine months, sales was INR 315.89 million compared to INR 249.22 million a year ago. Revenue was INR 318.72 million compared to INR 251.64 million a year ago. Net loss was INR 1.19 million compared to INR 27.38 million a year ago. Basic loss per share from continuing operations was INR 0.1 compared to INR 2.69 a year ago. Diluted loss per share from continuing operations was INR 0.1 compared to INR 2.69 a year ago.