Alok Industries 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 13,590.2 million compared to INR 16,985.8 million a year ago. Revenue was INR 13,692.6 million compared to INR 17,290.5 million a year ago. Net loss was INR 1,748.3 million compared to INR 1,915 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to INR 0.39 a year ago. Diluted loss per share from continuing operations was INR 0.35 compared to INR 0.39 a year ago.
For the six months, sales was INR 27,692.7 million compared to INR 36,701 million a year ago. Revenue was INR 27,849.2 million compared to INR 37,210.7 million a year ago. Net loss was INR 4,009.7 million compared to INR 3,330.8 million a year ago. Basic loss per share from continuing operations was INR 0.81 compared to INR 0.67 a year ago. Diluted loss per share from continuing operations was INR 0.81 compared to INR 0.67 a year ago.