Valson 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 314.29 million compared to INR 218.93 million a year ago. Revenue was INR 317.84 million compared to INR 220.27 million a year ago. Net income was INR 1.9 million compared to net loss of INR 5.66 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to basic loss per share from continuing operations of INR 0.74 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to diluted loss per share from continuing operations of INR 0.74 a year ago.
For the nine months, sales was INR 805.2 million compared to INR 377.22 million a year ago. Revenue was INR 815.8 million compared to INR 380.47 million a year ago. Net loss was INR 13.1 million compared to INR 51.12 million a year ago. Basic loss per share from continuing operations was INR 1.71 compared to INR 6.67 a year ago. Diluted loss per share from continuing operations was INR 1.71 compared to INR 6.67 a year ago.