Eastern Treads 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 155.97 million compared to INR 190.28 million a year ago. Revenue was INR 157.08 million compared to INR 192.15 million a year ago. Net loss was INR 14.43 million compared to net income of INR 8.59 million a year ago. Basic loss per share was INR 2.76 compared to basic earnings per share of INR 1.64 a year ago. Diluted loss per share was INR 2.76 compared to diluted earnings per share of INR 1.64 a year ago.
For the nine months, sales was INR 509.93 million compared to INR 477.02 million a year ago. Revenue was INR 512.78 million compared to INR 480.42 million a year ago. Net loss was INR 52.35 million compared to INR 3.64 million a year ago. Basic loss per share was INR 10.01 compared to INR 0.7 a year ago. Diluted loss per share was INR 10.01 compared to INR 0.7 a year ago.