Coromandel Engineering 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 341.49 million compared to INR 354.91 million a year ago. Revenue was INR 341.5 million compared to INR 354.98 million a year ago. Net loss was INR 15.29 million compared to INR 26.94 million a year ago. Basic loss per share from continuing operations was INR 0.46 compared to INR 0.81 a year ago. Diluted loss per share from continuing operations was INR 0.46 compared to INR 0.81 a year ago.
For the nine months, sales was INR 919 million compared to INR 674.58 million a year ago. Revenue was INR 919.38 million compared to INR 675.17 million a year ago. Net loss was INR 69.43 million compared to INR 105.11 million a year ago. Basic loss per share from continuing operations was INR 2.09 compared to INR 3.16 a year ago. Diluted loss per share from continuing operations was INR 2.09 compared to INR 3.16 a year ago.