Vallabh Steels 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 1.82 million compared to INR 15.52 million a year ago. Revenue was INR 1.84 million compared to INR 15.54 million a year ago. Net loss was INR 16.13 million compared to INR 26.15 million a year ago. Basic loss per share from continuing operations was INR 3.26 compared to INR 5.28 a year ago.
For the nine months, sales was INR 9.33 million compared to INR 53.24 million a year ago. Revenue was INR 9.4 million compared to INR 53.31 million a year ago. Net loss was INR 36.93 million compared to INR 61.32 million a year ago. Basic loss per share from continuing operations was INR 7.46 compared to INR 12.39 a year ago.