Gujarat Apollo Industries 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 201.15 million compared to INR 220.73 million a year ago. Revenue was INR 236.66 million compared to INR 304.67 million a year ago. Net income was INR 7.24 million compared to INR 24.8 million a year ago.
For the nine months, sales was INR 325 million compared to INR 361.18 million a year ago. Revenue was INR 530.46 million compared to INR 1,307.98 million a year ago. Net income was INR 56.64 million compared to INR 483.97 million a year ago. Basic earnings per share from continuing operations was INR 5.94 compared to INR 38.07 a year ago. Diluted earnings per share from continuing operations was INR 5.94 compared to INR 38.07 a year ago.