Loyal Equipments 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 72.37 million compared to INR 79.34 million a year ago. Revenue was INR 72.74 million compared to INR 82.12 million a year ago. Net loss was INR 9.74 million compared to net income of INR 1.82 million a year ago. Basic loss per share from continuing operations was INR 0.95 compared to basic earnings per share from continuing operations of INR 0.18 a year ago. Diluted loss per share from continuing operations was INR 0.95 compared to diluted earnings per share from continuing operations of INR 0.18 a year ago.
For the nine months, sales was INR 274.13 million compared to INR 208.92 million a year ago. Revenue was INR 275.73 million compared to INR 212.25 million a year ago. Net loss was INR 33.63 million compared to net income of INR 15.4 million a year ago. Basic loss per share from continuing operations was INR 3.3 compared to basic earnings per share from continuing operations of INR 1.51 a year ago. Diluted loss per share from continuing operations was INR 3.3 compared to diluted earnings per share from continuing operations of INR 1.51 a year ago.