Servotech Power Systems 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 414.16 million compared to INR 248.51 million a year ago. Revenue was INR 414.29 million compared to INR 250.4 million a year ago. Net income was INR 10.64 million compared to INR 8.6 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to INR 0.47 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to INR 0.47 a year ago.
For the nine months, sales was INR 926.1 million compared to INR 414.24 million a year ago. Revenue was INR 931.47 million compared to INR 421.64 million a year ago. Net income was INR 27.39 million compared to net loss of INR 8.71 million a year ago. Basic earnings per share from continuing operations was INR 1.5 compared to basic loss per share from continuing operations of INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 1.5 compared to diluted loss per share from continuing operations of INR 0.48 a year ago.