Royal Cushion Vinyl Products 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 185.37 million compared to INR 199.79 million a year ago. Revenue was INR 185.37 million compared to INR 219.95 million a year ago. Net loss was INR 51.64 million compared to INR 6.03 million a year ago. Basic loss per share from continuing operations was INR 4.28 compared to INR 0.5 a year ago. Diluted loss per share from continuing operations was INR 4.28 compared to INR 0.5 a year ago.
For the nine months, sales was INR 518.71 million compared to INR 403.25 million a year ago. Revenue was INR 521.19 million compared to INR 525.31 million a year ago. Net loss was INR 103.34 million compared to net income of INR 32.17 million a year ago. Basic loss per share from continuing operations was INR 8.56 compared to basic earnings per share from continuing operations of INR 2.67 a year ago. Diluted loss per share from continuing operations was INR 8.56 compared to diluted earnings per share from continuing operations of INR 2.67 a year ago.