Gammon 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 70.4 million compared to INR 185.3 million a year ago. Revenue was INR 136.5 million compared to INR 1,102.9 million a year ago. Net loss was INR 2,829.2 million compared to INR 989.3 million a year ago. Basic loss per share from continuing operations was INR 7.67 compared to INR 2.68 a year ago. Diluted loss per share from continuing operations was INR 7.67 compared to INR 2.68 a year ago.
For the nine months, sales was INR 260.3 million compared to INR 356.4 million a year ago. Revenue was INR 371 million compared to INR 2,421.6 million a year ago. Net loss was INR 7,091.8 million compared to INR 3,734.7 million a year ago. Basic loss per share from continuing operations was INR 19.23 compared to INR 10.13 a year ago. Diluted loss per share from continuing operations was INR 19.23 compared to INR 10.13 a year ago.