Pact 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 8.5 million compared to INR 51.84 million a year ago. Revenue was INR 8.5 million compared to INR 52.47 million a year ago. Net loss was INR 33.94 million compared to INR 4.41 million a year ago. Basic loss per share from continuing operations was INR 0.62. Diluted loss per share from continuing operations was INR 0.62.
For the six months, sales was INR 56.35 million compared to INR 74.58 million a year ago. Revenue was INR 56.35 million compared to INR 75.21 million a year ago. Net loss was INR 51.92 million compared to INR 5.83 million a year ago. Basic loss per share from continuing operations was INR 0.94 compared to INR 0.1 a year ago. Diluted loss per share from continuing operations was INR 0.94 compared to INR 0.1 a year ago.