Sal Automotive 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 337.3 million compared to INR 291.4 million a year ago. Revenue was INR 340.3 million compared to INR 296.2 million a year ago. Net loss was INR 16.7 million compared to net income of INR 9.4 million a year ago. Basic loss per share from continuing operations was INR 6.98 compared to basic earnings per share from continuing operations of INR 3.9 a year ago. Diluted loss per share from continuing operations was INR 6.98 compared to diluted earnings per share from continuing operations of INR 3.9 a year ago.
For the nine months, sales was INR 1,128.3 million compared to INR 628.8 million a year ago. Revenue was INR 1,139.9 million compared to INR 640.3 million a year ago. Net loss was INR 10.1 million compared to net income of INR 2.5 million a year ago. Basic loss per share from continuing operations was INR 4.21 compared to basic earnings per share from continuing operations of INR 1.03 a year ago. Diluted loss per share from continuing operations was INR 4.21 compared to diluted earnings per share from continuing operations of INR 1.03 a year ago.