Gujarat Raffia Industries 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 56.45 million compared to INR 72.62 million a year ago. Revenue was INR 57.01 million compared to INR 72.62 million a year ago. Net income was INR 2.34 million compared to INR 1.86 million a year ago. Basic earnings per share from continuing operations was INR 0.43 compared to INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.43 compared to INR 0.34 a year ago.
For the nine months, sales was INR 251.33 million compared to INR 285.85 million a year ago. Revenue was INR 254.96 million compared to INR 286.19 million a year ago. Net income was INR 9.41 million compared to INR 6.42 million a year ago. Basic earnings per share from continuing operations was INR 1.74 compared to INR 1.19 a year ago. Diluted earnings per share from continuing operations was INR 1.74 compared to INR 1.19 a year ago.