Electrosteel Castings 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 14,326.8 million compared to INR 11,625.33 million a year ago. Revenue was INR 14,502.72 million compared to INR 11,866.12 million a year ago. Net income was INR 966.31 million compared to INR 846.11 million a year ago. Basic earnings per share from continuing operations was INR 1.63 compared to INR 1.42 a year ago. Diluted earnings per share from continuing operations was INR 1.63 compared to INR 1.42 a year ago.
For the nine months, sales was INR 36,949.53 million compared to INR 22,425.47 million a year ago. Revenue was INR 37,495.26 million compared to INR 22,783.86 million a year ago. Net income was INR 2,343.49 million compared to net loss of INR 1,586.34 million a year ago. Basic earnings per share from continuing operations was INR 3.94 compared to basic loss per share from continuing operations of INR 3.35 a year ago. Diluted earnings per share from continuing operations was INR 3.94 compared to diluted loss per share from continuing operations of INR 3.35 a year ago.