Yarn Syndicate Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 1.5 million. Net income was INR 1.15 million compared to net loss of INR 0.411 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to basic loss per share from continuing operations of INR 0.11 a year ago.
For the nine months, revenue was INR 3 million. Net income was INR 1.67 million compared to net loss of INR 1.25 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to basic loss per share from continuing operations of INR 0.33 a year ago.