Shanti Overseas (India) 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 472.89 million compared to INR 479.81 million a year ago. Revenue was INR 473.09 million compared to INR 480.25 million a year ago. Net loss was INR 19.73 million compared to INR 8.06 million a year ago. Basic loss per share from continuing operations was INR 1.78 compared to INR 0.73 a year ago. Diluted loss per share from continuing operations was INR 1.78 compared to INR 0.73 a year ago.
For the nine months, sales was INR 827.49 million compared to INR 1,285.23 million a year ago. Revenue was INR 828.32 million compared to INR 1,285.79 million a year ago. Net loss was INR 50 million compared to INR 18.54 million a year ago. Basic loss per share from continuing operations was INR 4.5 compared to INR 1.67 a year ago. Diluted loss per share from continuing operations was INR 4.5 compared to INR 1.67 a year ago.