Wheels 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 10,765.8 million compared to INR 7,080.8 million a year ago. Revenue was INR 10,775.5 million compared to INR 7,095.6 million a year ago. Net income was INR 193.7 million compared to INR 121.1 million a year ago. Basic earnings per share from continuing operations was INR 8.05 compared to INR 5.03 a year ago. Diluted earnings per share from continuing operations was INR 8.05 compared to INR 5.03 a year ago.
For the nine months, sales was INR 27,787.6 million compared to INR 14,860 million a year ago. Revenue was INR 27,849.5 million compared to INR 14,899.9 million a year ago. Net income was INR 497.2 million compared to net loss of INR 247.6 million a year ago. Basic earnings per share from continuing operations was INR 20.66 compared to basic loss per share from continuing operations of INR 10.29 a year ago. Diluted earnings per share from continuing operations was INR 20.66 compared to diluted loss per share from continuing operations of INR 10.29 a year ago.