Nagpur Power and Industries 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 116.33 million compared to INR 122.67 million a year ago. Revenue was INR 118.19 million compared to INR 143.28 million a year ago. Net loss was INR 4.64 million compared to net income of INR 21.68 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 1.66 a year ago. Diluted loss per share from continuing operations was INR 0.35 compared to diluted earnings per share from continuing operations of INR 1.66 a year ago.
For the six months, sales was INR 221.92 million compared to INR 245.21 million a year ago. Revenue was INR 243.73 million compared to INR 241.03 million a year ago. Net income was INR 5.11 million compared to net loss of INR 1.59 million a year ago. Basic earnings per share from continuing operations was INR 0.39 compared to basic loss per share from continuing operations of INR 0.12 a year ago. Diluted earnings per share from continuing operations was INR 0.39 compared to diluted loss per share from continuing operations of INR 0.12 a year ago.