Balkrishna Paper Mills Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 114.64 million compared to INR 598.51 million a year ago. Revenue was INR 115.7 million compared to INR 603.31 million a year ago. Net loss was INR 237.98 million compared to net income of INR 79.32 million a year ago. Basic loss per share from continuing operations was INR 22.16 compared to basic earnings per share from continuing operations of INR 7.39 a year ago. Diluted loss per share from continuing operations was INR 22.16 compared to diluted earnings per share from continuing operations of INR 7.39 a year ago.
For the six months, sales was INR 827.36 million compared to INR 1,142.13 million a year ago. Revenue was INR 829.97 million compared to INR 1,150.49 million a year ago. Net loss was INR 309.43 million compared to net income of INR 41.56 million a year ago. Basic loss per share from continuing operations was INR 28.81 compared to basic earnings per share from continuing operations of INR 3.87 a year ago. Diluted loss per share from continuing operations was INR 28.81 compared to diluted earnings per share from continuing operations of INR 3.87 a year ago.