Balkrishna Paper Mills 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 9.38 million compared to INR 114.64 million a year ago. Revenue was INR 10.16 million compared to INR 115.7 million a year ago. Net loss was INR 306.12 million compared to INR 237.98 million a year ago. Basic loss per share from continuing operations was INR 28.5 compared to INR 22.16 a year ago. Diluted loss per share from continuing operations was INR 28.5 compared to INR 22.16 a year ago.
For the six months, sales was INR 22.41 million compared to INR 827.36 million a year ago. Revenue was INR 25.57 million compared to INR 829.97 million a year ago. Net loss was INR 381.32 million compared to INR 309.43 million a year ago. Basic loss per share from continuing operations was INR 35.51 compared to INR 28.81 a year ago. Diluted loss per share from continuing operations was INR 35.51 compared to INR 28.81 a year ago.