Sumeet 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 2,419.8 million compared to INR 2,354.99 million a year ago. Revenue was INR 2,420.04 million compared to INR 2,357.08 million a year ago. Net loss was INR 189.71 million compared to INR 333.8 million a year ago. Basic loss per share from continuing operations was INR 1.95 compared to INR 3.14 a year ago.
For the six months, sales was INR 4,867.31 million compared to INR 5,310.81 million a year ago. Revenue was INR 4,870.49 million compared to INR 5,313.78 million a year ago. Net loss was INR 347.23 million compared to INR 386.75 million a year ago. Basic loss per share from continuing operations was INR 3.45 compared to INR 3.98 a year ago.