VBC Ferro Alloys 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 135.22 million compared to INR 4.56 million a year ago. Revenue was INR 135.44 million compared to INR 4.58 million a year ago. Net income was INR 3.64 million compared to net loss of INR 18.84 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to basic loss per share from continuing operations of INR 1.15 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to diluted loss per share from continuing operations of INR 1.15 a year ago.
For the nine months, sales was INR 139.49 million compared to INR 14.44 million a year ago. Revenue was INR 141.62 million compared to INR 145.62 million a year ago. Net loss was INR 27.6 million compared to INR 240.51 million a year ago. Basic loss per share from continuing operations was INR 1.68 compared to INR 14.67 a year ago. Diluted loss per share from continuing operations was INR 1.68 compared to INR 14.67 a year ago.