Standard Industries 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 35 million compared to INR 27.69 million a year ago. Revenue was INR 42.99 million compared to INR 173.79 million a year ago. Net loss was INR 42.16 million compared to net income of INR 61.38 million a year ago. Basic loss per share from continuing operations was INR 0.66 compared to basic earnings per share from continuing operations of INR 0.95 a year ago. Diluted loss per share from continuing operations was INR 0.66 compared to diluted earnings per share from continuing operations of INR 0.95 a year ago.
For the nine months, sales was INR 85.93 million compared to INR 80.97 million a year ago. Revenue was INR 283.05 million compared to INR 337.84 million a year ago. Net income was INR 57.33 million compared to INR 24.98 million a year ago. Basic earnings per share from continuing operations was INR 0.88 compared to INR 0.38 a year ago. Diluted earnings per share from continuing operations was INR 0.88 compared to INR 0.38 a year ago.