McNally Bharat Engineering Company 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 468.14 million compared to INR 874.57 million a year ago. Revenue was INR 577.4 million compared to INR 993.12 million a year ago. Net loss was INR 1,917.89 million compared to INR 2,402.96 million a year ago. Basic loss per share from continuing operations was INR 9.05 compared to INR 11.36 a year ago. Diluted loss per share from continuing operations was INR 9.05 compared to INR 11.36 a year ago.
For the six months, sales was INR 878.04 million compared to INR 1,791.32 million a year ago. Revenue was INR 1,101.37 million compared to INR 2,019.95 million a year ago. Net loss was INR 4,287.07 million compared to INR 12,856.94 million a year ago. Basic loss per share from continuing operations was INR 20.3 compared to INR 60.77 a year ago. Diluted loss per share from continuing operations was INR 20.3 compared to INR 60.77 a year ago.