Aarvee Denims and Exports Ltd reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 1,147.34 million compared to INR 435.71 million a year ago. Revenue was INR 1,227.74 million compared to INR 490.78 million a year ago. Net loss was INR 123.57 million compared to INR 116.75 million a year ago. Basic loss per share from continuing operations was INR 5.27 compared to INR 4.98 a year ago.
For the six months, sales was INR 1,939.25 million compared to INR 470.81 million a year ago. Revenue was INR 2,067.12 million compared to INR 529.14 million a year ago. Net loss was INR 152.17 million compared to INR 366.05 million a year ago. Basic loss per share from continuing operations was INR 6.49 compared to INR 15.61 a year ago.