Electrotherm (India) 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 7,473.4 million compared to INR 7,186.7 million a year ago. Revenue was INR 7,487.6 million compared to INR 7,196.5 million a year ago. Net loss was INR 159.7 million compared to INR 262.1 million a year ago. Basic loss per share from continuing operations was INR 12.54 compared to INR 20.57 a year ago. Diluted loss per share from continuing operations was INR 12.54 compared to INR 20.57 a year ago.
For the six months, sales was INR 14,259.2 million compared to INR 14,139.9 million a year ago. Revenue was INR 14,298.9 million compared to INR 14,153.9 million a year ago. Net loss was INR 607 million compared to INR 40.5 million a year ago. Basic loss per share from continuing operations was INR 47.65 compared to INR 3.18 a year ago. Diluted loss per share from continuing operations was INR 47.65 compared to INR 3.18 a year ago.