Veejay Lakshmi Engineering Works 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 248.9 million compared to INR 211.81 million a year ago. Revenue was INR 252.68 million compared to INR 212.87 million a year ago. Net loss was INR 12.18 million compared to INR 60.16 million a year ago. Basic loss per share from continuing operations was INR 2.45 compared to INR 11.82 a year ago. Diluted loss per share from continuing operations was INR 2.45 compared to INR 11.82 a year ago.
For the six months, sales was INR 436.93 million compared to INR 390.36 million a year ago. Revenue was INR 443.8 million compared to INR 392.04 million a year ago. Net loss was INR 37.86 million compared to INR 92.82 million a year ago. Basic loss per share from continuing operations was INR 7.48 compared to INR 18.21 a year ago. Diluted loss per share from continuing operations was INR 7.48 compared to INR 18.21 a year ago.