Jayaswal Neco 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 13,753.9 million compared to INR 11,457.2 million a year ago. Revenue was INR 13,780.5 million compared to INR 11,482.9 million a year ago. Net loss was INR 1,528.8 million compared to INR 432.9 million a year ago. Basic loss per share from continuing operations was INR 1.75 compared to INR 0.68 a year ago. Diluted loss per share from continuing operations was INR 1.75 compared to INR 0.68 a year ago.
For the nine months, sales was INR 43,665.8 million compared to INR 23,634.3 million a year ago. Revenue was INR 43,837.1 million compared to INR 23,685.8 million a year ago. Net income was INR 943.2 million compared to net loss of INR 6,272 million a year ago. Basic earnings per share from continuing operations was INR 1.32 compared to basic loss per share from continuing operations of INR 9.82 a year ago. Diluted earnings per share from continuing operations was INR 1.32 compared to diluted loss per share from continuing operations of INR 9.82 a year ago.