Pranavaditya Spinning Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 15.06 million compared to INR 3.23 million a year ago. Net income was INR 5.55 million compared to net loss of INR 3.65 million a year ago. Basic earnings per share from continuing operations was INR 0.29 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 0.29 compared to diluted loss per share from continuing operations of INR 0.19 a year ago.
For the nine months, revenue was INR 22.67 million compared to INR 56.88 million a year ago. Net income was INR 0.666 million compared to net loss of INR 54.39 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 2.83 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 2.83 a year ago.