Narayani Steels 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 33.56 million compared to INR 305.13 million a year ago. Revenue was INR 34.02 million compared to INR 306.7 million a year ago. Net income was INR 14.88 million compared to net loss of INR 129.54 million a year ago. Basic earnings per share from continuing operations was INR 27.2225 compared to basic loss per share from continuing operations of INR 237.5961 a year ago.
For the nine months, sales was INR 71.26 million compared to INR 747.87 million a year ago. Revenue was INR 78.54 million compared to INR 770.97 million a year ago. Net loss was INR 115.38 million compared to INR 235.93 million a year ago. Basic loss per share from continuing operations was INR 211.7748 compared to INR 432.9573 a year ago.