Steel Authority of 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 252,469.9 million compared to INR 198,357.1 million a year ago. Revenue was INR 253,983.7 million compared to INR 199,973.1 million a year ago. Net income was INR 15,285.4 million compared to INR 14,682 million a year ago. Basic earnings per share from continuing operations was INR 3.7 compared to INR 3.55 a year ago. Diluted earnings per share from continuing operations was INR 3.7 compared to INR 3.55 a year ago.
For the nine months, sales was INR 727,180.2 million compared to INR 458,287.2 million a year ago. Revenue was INR 731,601.4 million compared to INR 464,410.9 million a year ago. Net income was INR 97,646.5 million compared to INR 6,782.5 million a year ago. Basic earnings per share from continuing operations was INR 23.64 compared to INR 1.64 a year ago. Diluted earnings per share from continuing operations was INR 23.64 compared to INR 1.64 a year ago.