Johnson Controls-Hitachi Air Conditioning India 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 2,801.5 million compared to INR 3,082.4 million a year ago. Revenue was INR 2,820.8 million compared to INR 3,109.8 million a year ago. Net loss was INR 564 million compared to INR 529.5 million a year ago. Basic loss per share from continuing operations was INR 20.7 compared to INR 19.5 a year ago.
For the six months, sales was INR 8,473.3 million compared to INR 13,185.6 million a year ago. Revenue was INR 8,521.3 million compared to INR 132,518 million a year ago. Net loss was INR 974.2 million compared to INR 549.2 million a year ago. Basic loss per share from continuing operations was INR 35.8 compared to INR 20.2 a year ago.