The United Nilgiri Tea Estates Company 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 176.39 million compared to INR 194.72 million a year ago. Revenue was INR 198.13 million compared to INR 229.9 million a year ago. Net income was INR 13.89 million compared to INR 46.34 million a year ago. Basic earnings per share from continuing operations was INR 2.78 compared to INR 9.27 a year ago.
For the nine months, sales was INR 543.01 million compared to INR 509.27 million a year ago. Revenue was INR 626.03 million compared to INR 603.79 million a year ago. Net income was INR 97.82 million compared to INR 125.14 million a year ago. Basic earnings per share from continuing operations was INR 19.58 compared to INR 25.05 a year ago.