NEL Holdings South 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 166.8 million compared to INR 594.5 million a year ago. Revenue was INR 179.2 million compared to INR 595 million a year ago. Net loss was INR 273.4 million compared to INR 406.3 million a year ago. Basic loss per share from continuing operations was INR 1.87 compared to INR 2.79 a year ago. Diluted loss per share from continuing operations was INR 1.87 compared to INR 2.79 a year ago.
For the nine months, sales was INR 721.9 million compared to INR 702.5 million a year ago. Revenue was INR 2,580.8 million compared to INR 2,971 million a year ago. Net income was INR 2,403.6 million compared to net loss of INR 1,610.3 million a year ago. Basic earnings per share from continuing operations was INR 16.48 compared to basic loss per share from continuing operations of INR 11.04 a year ago. Diluted earnings per share from continuing operations was INR 16.48 compared to diluted loss per share from continuing operations of INR 11.04 a year ago.