Shree Bhavya Fabrics 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 428.92 million compared to INR 523.66 million a year ago. Revenue was INR 429.07 million compared to INR 525.85 million a year ago. Net loss was INR 0.512 million compared to net income of INR 15.54 million a year ago. Basic loss per share from continuing operations was INR 0.05 compared to basic earnings per share from continuing operations of INR 1.64 a year ago.
For the nine months, sales was INR 1,137.57 million compared to INR 949.32 million a year ago. Revenue was INR 1,138.63 million compared to INR 953.23 million a year ago. Net income was INR 1.71 million compared to net loss of INR 18.7 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to basic loss per share from continuing operations of INR 1.97 a year ago.