Narmada Macplast Drip Irrigation Systems Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 27.67 million. Revenue was INR 27.85 million compared to INR 0.432 million a year ago. Net income was INR 1.24 million compared to net loss of INR 0.561 million a year ago. Basic earnings per share from continuing operations was INR 0.34 compared to basic loss per share from continuing operations of INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.34 compared to diluted loss per share from continuing operations of INR 0.15 a year ago.
For the nine months, sales was INR 87.79 million. Revenue was INR 91.14 million compared to INR 1.37 million a year ago. Net income was INR 1.86 million compared to net loss of INR 0.673 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to basic loss per share from continuing operations of INR 0.19 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to diluted loss per share from continuing operations of INR 0.19 a year ago.