Jaiprakash Associates 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 18,955.1 million compared to INR 18,195.3 million a year ago. Revenue was INR 19,429 million compared to INR 18,745 million a year ago. Net loss was INR 2,459.2 million compared to INR 3,347 million a year ago. Basic loss per share from continuing operations was INR 0.82 compared to INR 0.85 a year ago. Diluted loss per share from continuing operations was INR 0.82 compared to INR 0.85 a year ago. Basic loss per share was INR 1 compared to INR 1.37 a year ago. Diluted loss per share was INR 1 compared to INR 1.37 a year ago.
For the six months, sales was INR 33,245.7 million compared to INR 34,791.2 million a year ago. Revenue was INR 34,481.3 million compared to INR 35,752.1 million a year ago. Net loss was INR 4,267.2 million compared to INR 7,107.7 million a year ago. Basic loss per share from continuing operations was INR 1.34 compared to INR 1.81 a year ago. Diluted loss per share from continuing operations was INR 1.34 compared to INR 1.81 a year ago. Basic loss per share was INR 1.74 compared to INR 2.9 a year ago. Diluted loss per share was INR 1.74 compared to INR 2.9 a year ago.