Sheetal Diamonds 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 48.92 million compared to INR 65.71 million a year ago. Revenue was INR 52.43 million compared to INR 66.75 million a year ago. Net loss was INR 12.57 million compared to net income of INR 3.15 million a year ago. Basic loss per share from continuing operations was INR 1.255 compared to basic earnings per share from continuing operations of INR 0.315 a year ago. Diluted loss per share from continuing operations was INR 1.255 compared to diluted earnings per share from continuing operations of INR 0.315 a year ago.
For the nine months, sales was INR 200.38 million compared to INR 138.31 million a year ago. Revenue was INR 206.4 million compared to INR 140.49 million a year ago. Net loss was INR 10.53 million compared to net income of INR 5.11 million a year ago. Basic loss per share from continuing operations was INR 1.055 compared to basic earnings per share from continuing operations of INR 0.51 a year ago. Diluted loss per share from continuing operations was INR 1.055 compared to diluted earnings per share from continuing operations of INR 0.51 a year ago.