Zuari Industries 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 1,867.04 million compared to INR 1,667.87 million a year ago. Revenue was INR 2,456.29 million compared to INR 2,257.96 million a year ago. Net loss was INR 444.41 million compared to net income of INR 131.68 million a year ago. Basic loss per share from continuing operations was INR 14.92 compared to basic earnings per share from continuing operations of INR 4.42 a year ago. Diluted loss per share from continuing operations was INR 14.92 compared to diluted earnings per share from continuing operations of INR 4.42 a year ago.
For the six months, sales was INR 4,207.49 million compared to INR 3,399.48 million a year ago. Revenue was INR 5,134.32 million compared to INR 4,570.9 million a year ago. Net income was INR 2,085.99 million compared to net loss of INR 234.3 million a year ago. Basic earnings per share from continuing operations was INR 70.04 compared to basic loss per share from continuing operations of INR 7.81 a year ago. Diluted earnings per share from continuing operations was INR 70.04 compared to diluted loss per share from continuing operations of INR 7.87 a year ago.