Max Ventures and 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 382.24 million compared to INR 163.57 million a year ago. Revenue was INR 396.83 million compared to INR 177.65 million a year ago. Net income was INR 326.87 million compared to INR 20.37 million a year ago. Basic earnings per share from continuing operations was INR 0.2 compared to basic loss per share from continuing operations of INR 0.62 a year ago. Diluted earnings per share from continuing operations was INR 0.2 compared to diluted loss per share from continuing operations of INR 0.62 a year ago. Basic earnings per share was INR 2.23 compared to INR 0.14 a year ago. Diluted earnings per share was INR 2.21 compared to INR 0.14 a year ago.
For the nine months, sales was INR 720.83 million compared to INR 502.83 million a year ago. Revenue was INR 763.89 million compared to INR 549.35 million a year ago. Net income was INR 683.42 million compared to net loss of INR 51.86 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to basic loss per share from continuing operations of INR 2.41 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 2.41 a year ago. Basic earnings per share was INR 4.66 compared to basic loss per share of INR 0.35 a year ago. Diluted earnings per share was INR 4.63 compared to diluted loss per share of INR 0.35 a year ago.