Gita Renewable Energy 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 0.6 million compared to INR 0.6 million a year ago. Revenue was INR 1.08 million compared to INR 0.663 million a year ago. Net loss was INR 30.23 million compared to INR 129.65 million a year ago. Basic loss per share from continuing operations was INR 7.35 compared to INR 31.53 a year ago.
For the nine months, sales was INR 1.8 million compared to INR 1.8 million a year ago. Revenue was INR 18.6 million compared to INR 1.86 million a year ago. Net loss was INR 14.59 million compared to INR 147.28 million a year ago. Basic loss per share from continuing operations was INR 3.55 compared to INR 35.81 a year ago.