Ritesh International 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 203 million compared to INR 322.72 million a year ago. Revenue was INR 203.07 million compared to INR 322.86 million a year ago. Net income was INR 0.083 million compared to INR 5.06 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.59 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.59 a year ago.
For the six months, sales was INR 415.5 million compared to INR 822.77 million a year ago. Revenue was INR 416.67 million compared to INR 823.26 million a year ago. Net loss was INR 1.2 million compared to net income of INR 22.08 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to basic earnings per share from continuing operations of INR 2.58 a year ago. Diluted loss per share from continuing operations was INR 0.14 compared to diluted earnings per share from continuing operations of INR 2.58 a year ago.