HP Adhesives 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 436.62 million compared to INR 346.47 million a year ago. Revenue was INR 438.69 million compared to INR 358.11 million a year ago. Net income was INR 21.49 million compared to INR 31.3 million a year ago. Basic earnings per share from continuing operations was INR 1.17 compared to INR 2.41 a year ago. Diluted earnings per share from continuing operations was INR 1.17 compared to INR 2.41 a year ago.
For the nine months, sales was INR 1,141.78 million compared to INR 795.76 million a year ago. Revenue was INR 1,166.01 million compared to INR 825.6 million a year ago. Net income was INR 52.51 million compared to INR 60.64 million a year ago. Basic earnings per share from continuing operations was INR 2.86 compared to INR 4.66 a year ago. Diluted earnings per share from continuing operations was INR 2.86 compared to INR 4.66 a year ago.