Valecha Engineering 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 501.4 million compared to INR 411.9 million a year ago. Revenue was INR 506.6 million compared to INR 422.4 million a year ago. Net loss was INR 299.6 million compared to INR 233.7 million a year ago. Basic loss per share from continuing operations was INR 19.98 compared to INR 16.38 a year ago. Diluted loss per share from continuing operations was INR 19.98 compared to INR 16.38 a year ago.
For the nine months, sales was INR 1,756.7 million compared to INR 956.7 million a year ago. Revenue was INR 1,784.9 million compared to INR 999.4 million a year ago. Net loss was INR 801.7 million compared to net income of INR 679.1 million a year ago. Basic loss per share from continuing operations was INR 55.38. Diluted loss per share from continuing operations was INR 55.38.