Madhusudan Industries 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 2.69 million compared to INR 2.2 million a year ago. Negative revenue was INR 4.24 million compared to revenue of INR 26.28 million a year ago. Net loss was INR 4.77 million compared to net income of INR 18.9 million a year ago. Basic loss per share from continuing operations was INR 0.89 compared to basic earnings per share from continuing operations of INR 3.52 a year ago. Diluted loss per share from continuing operations was INR 0.89 compared to diluted earnings per share from continuing operations of INR 3.52 a year ago.
For the nine months, sales was INR 8.08 million compared to INR 6.64 million a year ago. Revenue was INR 36.12 million compared to INR 41.37 million a year ago. Net income was INR 21.95 million compared to INR 26.24 million a year ago. Basic earnings per share from continuing operations was INR 4.08 compared to INR 4.88 a year ago. Diluted earnings per share from continuing operations was INR 4.08 compared to INR 4.88 a year ago.