Kothari Fermentation and Biochem 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 246.24 million compared to INR 253.83 million a year ago. Revenue was INR 246.34 million compared to INR 254.21 million a year ago. Net income was INR 3.62 million compared to INR 28.02 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 1.87 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to INR 1.87 a year ago.
For the nine months, sales was INR 701.79 million compared to INR 711.8 million a year ago. Revenue was INR 702.26 million compared to INR 713.11 million a year ago. Net income was INR 11.49 million compared to INR 31 million a year ago. Basic earnings per share from continuing operations was INR 0.77 compared to INR 2.07 a year ago. Diluted earnings per share from continuing operations was INR 0.77 compared to INR 2.07 a year ago.