Bits 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 1.89 million compared to INR 1.65 million a year ago. Revenue was INR 3.13 million compared to INR 1.65 million a year ago. Net income was INR 0.561 million compared to net loss of INR 0.068 million a year ago. Basic earnings per share from continuing operations was INR 0.005 compared to basic loss per share from continuing operations of INR 0.0006 a year ago. Diluted earnings per share from continuing operations was INR 0.005 compared to diluted loss per share from continuing operations of INR 0.0006 a year ago.
For the nine months, sales was INR 5.37 million compared to INR 3.72 million a year ago. Revenue was INR 7.69 million compared to INR 3.75 million a year ago. Net income was INR 1.75 million compared to net loss of INR 0.484 million a year ago. Basic earnings per share from continuing operations was INR 0.0157 compared to basic loss per share from continuing operations of INR 0.0043 a year ago. Diluted earnings per share from continuing operations was INR 0.0157 compared to diluted loss per share from continuing operations of INR 0.0043 a year ago.