Gravity (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 40.37 million compared to INR 0.932 million a year ago. Revenue was INR 40.83 million compared to INR 1 million a year ago. Net income was INR 0.607 million compared to net loss of INR 1.39 million a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 0.15 a year ago.
For the nine months, sales was INR 77.56 million compared to INR 2.38 million a year ago. Revenue was INR 78.95 million compared to INR 2.8 million a year ago. Net income was INR 1.15 million compared to net loss of INR 3.37 million a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to diluted loss per share from continuing operations of INR 0.37 a year ago.