Aban Offshore Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 633.36 million compared to INR 948.75 million a year ago. Revenue was INR 750.32 million compared to INR 1,047.91 million a year ago. Net loss was INR 3,177.11 million compared to INR 2,074.81 million a year ago. Basic loss per share from continuing operations was INR 54.44 compared to INR 42.51 a year ago.
For the six months, sales was INR 1,679.05 million compared to INR 2,448.35 million a year ago. Revenue was INR 1,938.12 million compared to INR 3,472.9 million a year ago. Net loss was INR 6,509.59 million compared to INR 4,203.97 million a year ago. Basic loss per share from continuing operations was INR 111.54 compared to INR 72.04 a year ago.