The Lakshmi Mills Company 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 531.92 million compared to INR 572.98 million a year ago. Revenue was INR 592.19 million compared to INR 596.73 million a year ago. Net loss was INR 33.97 million compared to INR 31.14 million a year ago. Basic loss per share from continuing operations was INR 48.83 compared to INR 44.77 a year ago. Diluted loss per share from continuing operations was INR 48.83 compared to INR 44.77 a year ago.
For the six months, sales was INR 1,155.78 million compared to INR 1,504.53 million a year ago. Revenue was INR 1,221.62 million compared to INR 1,535.22 million a year ago. Net loss was INR 92.69 million compared to net income of INR 25.85 million a year ago. Basic loss per share from continuing operations was INR 133.27 compared to basic earnings per share from continuing operations of INR 37.16 a year ago. Diluted loss per share from continuing operations was INR 133.27 compared to diluted earnings per share from continuing operations of INR 37.16 a year ago.