Nelco 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 720.6 million compared to INR 585.5 million a year ago. Revenue was INR 735 million compared to INR 588.4 million a year ago. Net income was INR 52.6 million compared to INR 38.2 million a year ago. Basic earnings per share from continuing operations was INR 2.3 compared to INR 1.67 a year ago.
For the nine months, sales was INR 1,883.8 million compared to INR 1,612.9 million a year ago. Revenue was INR 1,915.8 million compared to INR 1,633 million a year ago. Net income was INR 130.5 million compared to INR 78.8 million a year ago. Basic earnings per share from continuing operations was INR 5.72 compared to INR 3.45 a year ago.