Raymond 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 18,433.9 million compared to INR 12,434.4 million a year ago. Revenue was INR 18,708.8 million compared to INR 12,864.6 million a year ago. Net income was INR 1,002.8 million compared to INR 216.9 million a year ago. Basic earnings per share from continuing operations was INR 15.06 compared to INR 3.26 a year ago. Diluted earnings per share from continuing operations was INR 15.06 compared to INR 3.26 a year ago.
For the nine months, sales was INR 42,204.1 million compared to INR 20,808.1 million a year ago. Revenue was INR 43,162.2 million compared to INR 22,403.8 million a year ago. Net loss was INR 29.7 million compared to INR 3,534.9 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to INR 53.11 a year ago. Diluted loss per share from continuing operations was INR 0.45 compared to INR 53.11 a year ago.