Rapicut Carbides 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 68.5 million compared to INR 74.6 million a year ago. Revenue was INR 68.53 million compared to INR 74.6 million a year ago. Net loss was INR 2.85 million compared to INR 6.2 million a year ago. Basic loss per share from continuing operations was INR 0.53 compared to INR 1.15 a year ago. Diluted loss per share from continuing operations was INR 0.53 compared to INR 1.15 a year ago.
For the nine months, sales was INR 236.93 million compared to INR 177.2 million a year ago. Revenue was INR 237 million compared to INR 177.2 million a year ago. Net loss was INR 9.41 million compared to INR 11 million a year ago. Basic loss per share from continuing operations was INR 1.75 compared to INR 2.05 a year ago. Diluted loss per share from continuing operations was INR 1.75 compared to INR 2.05 a year ago.