Sangam (India) 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 6,498 million compared to INR 4,402.5 million a year ago. Revenue was INR 6,524.4 million compared to INR 4,428.3 million a year ago. Net income was INR 437.4 million compared to INR 74.3 million a year ago. Basic earnings per share from continuing operations was INR 10.07 compared to INR 1.88 a year ago. Diluted earnings per share from continuing operations was INR 10.07 compared to INR 1.88 a year ago.
For the nine months, sales was INR 16,996.5 million compared to INR 8,615.5 million a year ago. Revenue was INR 17,075.9 million compared to INR 8,662.9 million a year ago. Net income was INR 865 million compared to net loss of INR 293.3 million a year ago. Basic earnings per share from continuing operations was INR 19.92 compared to basic loss per share from continuing operations of INR 7.44 a year ago. Diluted earnings per share from continuing operations was INR 19.92 compared to diluted loss per share from continuing operations of INR 7.44 a year ago.