The Peria Karamalai Tea and Produce Company 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 108.75 million compared to INR 173.13 million a year ago. Revenue was INR 109.77 million compared to INR 174.32 million a year ago. Net loss was INR 22.07 million compared to net income of INR 20.56 million a year ago. Basic loss per share from continuing operations was INR 7.13 compared to basic earnings per share from continuing operations of INR 6.64 a year ago. Diluted loss per share from continuing operations was INR 7.13 compared to diluted earnings per share from continuing operations of INR 6.64 a year ago.
For the nine months, sales was INR 357.65 million compared to INR 596.26 million a year ago. Revenue was INR 365.72 million compared to INR 598.36 million a year ago. Net income was INR 37.73 million compared to INR 98.86 million a year ago. Basic earnings per share from continuing operations was INR 12.19 compared to INR 31.93 a year ago. Diluted earnings per share from continuing operations was INR 12.19 compared to INR 31.93 a year ago.