Eastcoast Steel 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 63.14 million. Revenue was INR 64.65 million compared to INR 422.97 million a year ago. Net income was INR 0.94 million compared to INR 354.26 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 65.65 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 65.65 a year ago.
For the nine months, sales was INR 63.14 million. Revenue was INR 69.42 million compared to INR 422.97 million a year ago. Net income was INR 1.4 million compared to INR 344.72 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 63.88 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 63.88 a year ago.