NRB Industrial Bearings 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 181.99 million compared to INR 167.65 million a year ago. Revenue was INR 183.4 million compared to INR 172.24 million a year ago. Net loss was INR 30.11 million compared to net income of INR 114.52 million a year ago. Basic loss per share from continuing operations was INR 1.24 compared to basic earnings per share from continuing operations of INR 4.73 a year ago.
For the nine months, sales was INR 494.62 million compared to INR 369.21 million a year ago. Revenue was INR 502.01 million compared to INR 381.24 million a year ago. Net loss was INR 86.38 million compared to net income of INR 57.7 million a year ago. Basic loss per share from continuing operations was INR 3.57 compared to basic earnings per share from continuing operations of INR 2.38 a year ago.