Prakash Industries 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 8,469.8 million compared to INR 8,910 million a year ago. Revenue was INR 8,496.1 million compared to INR 8,925.9 million a year ago. Net income was INR 321.7 million compared to INR 313.3 million a year ago. Basic earnings per share from continuing operations was INR 1.8 compared to INR 1.83 a year ago. Diluted earnings per share from continuing operations was INR 1.73 compared to INR 1.75 a year ago.
For the nine months, sales was INR 27,712.9 million compared to INR 21,838.5 million a year ago. Revenue was INR 27,782.4 million compared to INR 21,887.6 million a year ago. Net income was INR 1,159.9 million compared to INR 436.7 million a year ago. Basic earnings per share from continuing operations was INR 6.48 compared to INR 2.55 a year ago. Diluted earnings per share from continuing operations was INR 6.24 compared to INR 2.44 a year ago.