Asian Energy Services 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 454.84 million compared to INR 249.3 million a year ago. Revenue was INR 475.56 million compared to INR 256.11 million a year ago. Net income was INR 10.58 million compared to net loss of INR 188.8 million a year ago. Basic earnings per share from continuing operations was INR 0.28 compared to basic loss per share from continuing operations of INR 5.01 a year ago. Diluted earnings per share from continuing operations was INR 0.28 compared to diluted loss per share from continuing operations of INR 5.01 a year ago.
For the six months, sales was INR 915.04 million compared to INR 523.68 million a year ago. Revenue was INR 963.13 million compared to INR 541.4 million a year ago. Net loss was INR 19.84 million compared to INR 273.38 million a year ago. Basic loss per share from continuing operations was INR 0.53 compared to INR 7.25 a year ago. Diluted loss per share from continuing operations was INR 0.53 compared to INR 7.25 a year ago.