Girnar Spintex Industries Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 112.44 million compared to INR 176.65 million a year ago. Revenue was INR 112.49 million compared to INR 181.85 million a year ago. Net loss was INR 35.47 million compared to net income of INR 15.4 million a year ago. Basic loss per share from continuing operations was INR 12.92 compared to basic earnings per share from continuing operations of INR 5.61 a year ago.
For the six months, sales was INR 358.01 million compared to INR 344.94 million a year ago. Revenue was INR 358.05 million compared to INR 350.18 million a year ago. Net loss was INR 29.14 million compared to net income of INR 41.21 million a year ago. Basic loss per share from continuing operations was INR 10.62 compared to basic earnings per share from continuing operations of INR 15.02 a year ago.