Acknit Industries 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 554.37 million compared to INR 432.93 million a year ago. Revenue was INR 585.48 million compared to INR 455.38 million a year ago. Net income was INR 25.64 million compared to INR 22.14 million a year ago. Basic earnings per share from continuing operations was INR 8.43 compared to INR 7.28 a year ago. Diluted earnings per share from continuing operations was INR 8.43 compared to INR 7.28 a year ago.
For the nine months, sales was INR 1,460.7 million compared to INR 1,141.06 million a year ago. Revenue was INR 1,537.58 million compared to INR 1,204.72 million a year ago. Net income was INR 55.82 million compared to INR 42.48 million a year ago. Basic earnings per share from continuing operations was INR 18.36 compared to INR 13.97 a year ago. Diluted earnings per share from continuing operations was INR 18.36 compared to INR 13.97 a year ago.