Bharat Gears 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 1,874.4 million compared to INR 1,515 million a year ago. Revenue was INR 1,879.1 million compared to INR 1,521.9 million a year ago. Net income was INR 61.4 million compared to INR 47.4 million a year ago. Basic earnings per share from continuing operations was INR 4.22 compared to INR 3.2933 a year ago.
For the nine months, sales was INR 5,387.5 million compared to INR 3,290 million a year ago. Revenue was INR 5,407.7 million compared to INR 3,304.4 million a year ago. Net income was INR 204.8 million compared to net loss of INR 104.7 million a year ago. Basic earnings per share from continuing operations was INR 14.1867 compared to basic loss per share from continuing operations of INR 7.28 a year ago.