Graphite India 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 8,800 million compared to INR 4,990 million a year ago. Revenue was INR 9,460 million compared to INR 6,410 million a year ago. Net income was INR 1,320 million compared to INR 230 million a year ago. Basic earnings per share from continuing operations was INR 6.75 compared to INR 1.19 a year ago. Diluted earnings per share from continuing operations was INR 6.75 compared to INR 1.19 a year ago.
For the nine months, sales was INR 21,820 million compared to INR 13,930 million a year ago. Revenue was INR 24,050 million compared to INR 16,530 million a year ago. Net income was INR 4,100 million compared to net loss of INR 960 million a year ago. Basic earnings per share from continuing operations was INR 21 compared to basic loss per share from continuing operations of INR 4.93 a year ago. Diluted earnings per share from continuing operations was INR 21 compared to diluted loss per share from continuing operations of INR 4.93 a year ago.