GlobalSpace Technologies 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 13.48 million compared to INR 67.55 million a year ago. Revenue was INR 13.49 million compared to INR 67.61 million a year ago. Net loss was INR 17.95 million compared to net income of INR 18.62 million a year ago. Basic loss per share from continuing operations was INR 1.57 compared to basic earnings per share from continuing operations of INR 1.62 a year ago. Diluted loss per share from continuing operations was INR 1.57 compared to diluted earnings per share from continuing operations of INR 1.62 a year ago.
For the nine months, sales was INR 87.68 million compared to INR 195.21 million a year ago. Revenue was INR 87.7 million compared to INR 196.19 million a year ago. Net loss was INR 1.74 million compared to net income of INR 64.44 million a year ago. Basic loss per share from continuing operations was INR 0.15 compared to basic earnings per share from continuing operations of INR 5.61 a year ago. Diluted loss per share from continuing operations was INR 0.15 compared to diluted earnings per share from continuing operations of INR 5.61 a year ago.