Jain Irrigation Systems 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 16,075.5 million compared to INR 16,445.9 million a year ago. Revenue was INR 16,202.1 million compared to INR 16,500.3 million a year ago. Net loss was INR 907 million compared to net income of INR 1,066.6 million a year ago. Basic loss per share from continuing operations was INR 1.44 compared to basic earnings per share from continuing operations of INR 2.07 a year ago. Diluted loss per share from continuing operations was INR 1.44 compared to diluted earnings per share from continuing operations of INR 2.07 a year ago.
For the six months, sales was INR 36,503.7 million compared to INR 34,221.1 million a year ago. Revenue was INR 36,634.4 million compared to INR 34,336.1 million a year ago. Net loss was INR 1,003 million compared to net income of INR 1,189.5 million a year ago. Basic loss per share from continuing operations was INR 1.6 compared to basic earnings per share from continuing operations of INR 2.31 a year ago. Diluted loss per share from continuing operations was INR 1.6 compared to diluted earnings per share from continuing operations of INR 2.31 a year ago.