Prakash Steelage 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 123.77 million compared to INR 63.76 million a year ago. Revenue was INR 517.87 million compared to INR 65.56 million a year ago. Net income was INR 400.4 million compared to net loss of INR 17.16 million a year ago. Basic earnings per share from continuing operations was INR 2.29 compared to basic loss per share from continuing operations of INR 0.1 a year ago.
For the nine months, sales was INR 302.11 million compared to INR 155.13 million a year ago. Revenue was INR 697.07 million compared to INR 163.29 million a year ago. Net income was INR 400.13 million compared to net loss of INR 16.34 million a year ago. Basic earnings per share from continuing operations was INR 2.29 compared to basic loss per share from continuing operations of INR 0.09 a year ago.