The India Cements 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 13,270.6 million compared to INR 12,348.5 million a year ago. Revenue was INR 13,377 million compared to INR 12,414.4 million a year ago. Net loss was INR 1,132.6 million compared to net income of INR 297.5 million a year ago. Basic loss per share from continuing operations was INR 3.62 compared to basic earnings per share from continuing operations of INR 0.87 a year ago. Diluted loss per share from continuing operations was INR 3.62 compared to diluted earnings per share from continuing operations of INR 0.87 a year ago.
For the six months, sales was INR 28,414.1 million compared to INR 22,801 million a year ago. Revenue was INR 28,623.3 million compared to INR 22,898.2 million a year ago. Net loss was INR 332.8 million compared to net income of INR 728 million a year ago. Basic loss per share from continuing operations was INR 0.88 compared to basic earnings per share from continuing operations of INR 2.47 a year ago. Diluted loss per share from continuing operations was INR 0.88 compared to diluted earnings per share from continuing operations of INR 2.47 a year ago.