Modi Rubber Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 50.41 million compared to INR 19.01 million a year ago. Net income was INR 57.84 million compared to INR 38.1 million a year ago. Basic earnings per share from continuing operations was INR 2.31 compared to INR 1.52 a year ago. Diluted earnings per share from continuing operations was INR 2.31 compared to INR 1.52 a year ago.
For the nine months, revenue was INR 99.12 million compared to INR 64.14 million a year ago. Net income was INR 221.09 million compared to net loss of INR 35.33 million a year ago. Basic earnings per share from continuing operations was INR 8.83 compared to basic loss per share from continuing operations of INR 1.41 a year ago. Diluted earnings per share from continuing operations was INR 8.83 compared to diluted loss per share from continuing operations of INR 1.41 a year ago.