Onward Technologies 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 772.65 million compared to INR 578.28 million a year ago. Revenue was INR 775.47 million compared to INR 599.99 million a year ago. Net income was INR 49.8 million compared to INR 23.53 million a year ago. Basic earnings per share from continuing operations was INR 2.6 compared to INR 1.45 a year ago. Diluted earnings per share from continuing operations was INR 2.52 compared to INR 1.39 a year ago.
For the nine months, sales was INR 2,198.04 million compared to INR 1,740.4 million a year ago. Revenue was INR 2,397.31 million compared to INR 1,773.59 million a year ago. Net income was INR 204.61 million compared to INR 51.71 million a year ago. Basic earnings per share from continuing operations was INR 11.56 compared to INR 3.19 a year ago. Diluted earnings per share from continuing operations was INR 11.13 compared to INR 3.08 a year ago.