Garnet Construction 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 2.03 million compared to INR 118.57 million a year ago. Revenue was INR 2.4 million compared to INR 119.42 million a year ago. Net loss was INR 5.51 million compared to net income of INR 10.41 million a year ago. Basic loss per share from continuing operations was INR 0.4 compared to basic earnings per share from continuing operations of INR 0.75 a year ago. Diluted loss per share from continuing operations was INR 0.4 compared to diluted earnings per share from continuing operations of INR 0.75 a year ago.
For the nine months, sales was INR 2.03 million compared to INR 630.98 million a year ago. Revenue was INR 3.43 million compared to INR 633.6 million a year ago. Net loss was INR 28.67 million compared to net income of INR 255.6 million a year ago. Basic loss per share from continuing operations was INR 2.06 compared to basic earnings per share from continuing operations of INR 18.39 a year ago. Diluted loss per share from continuing operations was INR 2.06 compared to diluted earnings per share from continuing operations of INR 18.39 a year ago.