Shanti Educational Initiatives Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 9.01 million compared to INR 10.08 million a year ago. Revenue was INR 9.69 million compared to INR 10.09 million a year ago. Net loss was INR 3.81 million compared to INR 6.28 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to INR 0.04 a year ago.
For the nine months, sales was INR 72.04 million compared to INR 28.98 million a year ago. Revenue was INR 96.34 million compared to INR 35.32 million a year ago. Net income was INR 19.5 million compared to net loss of INR 5.68 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to basic loss per share from continuing operations of INR 0.035 a year ago.