Jain Irrigation Systems 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 16,137.5 million compared to INR 13,317.6 million a year ago. Revenue was INR 16,197 million compared to INR 13,442.5 million a year ago. Net loss was INR 719 million compared to INR 1,192.6 million a year ago. Basic loss per share from continuing operations was INR 1.39 compared to INR 2.48 a year ago. Basic loss per share was INR 1.39 compared to INR 2.31 a year ago.
For the nine months, sales was INR 50,358.6 million compared to INR 38,730.8 million a year ago. Revenue was INR 50,533.1 million compared to INR 38,941.4 million a year ago. Net income was INR 470.5 million compared to net loss of INR 4,447.4 million a year ago. Basic earnings per share from continuing operations was INR 0.91 compared to basic loss per share from continuing operations of INR 8.26 a year ago. Basic earnings per share was INR 0.91 compared to basic loss per share of INR 8.63 a year ago.