Alps 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 9.9 million compared to INR 20.94 million a year ago. Revenue was INR 21.27 million compared to INR 23.52 million a year ago. Net loss was INR 139.21 million compared to INR 140.43 million a year ago. Basic loss per share from continuing operations was INR 3.56 compared to INR 3.59 a year ago. Diluted loss per share from continuing operations was INR 3.56 compared to INR 3.59 a year ago.
For the six months, sales was INR 19.09 million compared to INR 149.93 million a year ago. Revenue was INR 43.41 million compared to INR 170.8 million a year ago. Net loss was INR 272.76 million compared to INR 276.97 million a year ago. Basic loss per share from continuing operations was INR 6.97 compared to INR 7.08 a year ago. Diluted loss per share from continuing operations was INR 6.97 compared to INR 7.08 a year ago.