MT Educare 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 90.02 million compared to INR 129.01 million a year ago. Revenue was INR 93.65 million compared to INR 267.37 million a year ago. Net loss was INR 95.95 million compared to net income of INR 10.14 million a year ago. Basic loss per share from continuing operations was INR 1.33 compared to basic earnings per share from continuing operations of INR 0.14 a year ago. Diluted loss per share from continuing operations was INR 1.33 compared to diluted earnings per share from continuing operations of INR 0.14 a year ago.
For the nine months, sales was INR 447.11 million compared to INR 712.42 million a year ago. Revenue was INR 510.11 million compared to INR 1,001.94 million a year ago. Net loss was INR 130.15 million compared to INR 8.24 million a year ago. Basic loss per share from continuing operations was INR 1.81 compared to INR 0.11 a year ago. Diluted loss per share from continuing operations was INR 1.81 compared to INR 0.11 a year ago.