Narayani Steels Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 20.56 million compared to INR 259.07 million a year ago. Revenue was INR 21.1 million compared to INR 268.74 million a year ago. Net loss was INR 33.04 million compared to INR 57.11 million a year ago. Basic loss per share from continuing operations was INR 60.65 compared to INR 104.8866 a year ago.
For the six months, sales was INR 37.7 million compared to INR 442.74 million a year ago. Revenue was INR 44.52 million compared to INR 464.26 million a year ago. Net loss was INR 130.26 million compared to INR 106.39 million a year ago. Basic loss per share from continuing operations was INR 238.9972 compared to INR 195.161 a year ago.