Cosmo Ferrites 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 245.7 million compared to INR 261.9 million a year ago. Revenue was INR 249.5 million compared to INR 268.3 million a year ago. Net loss was INR 4.1 million compared to net income of INR 35.1 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 2.92 a year ago. Diluted loss per share from continuing operations was INR 0.35 compared to diluted earnings per share from continuing operations of INR 2.92 a year ago.
For the six months, sales was INR 600.1 million compared to INR 460 million a year ago. Revenue was INR 610 million compared to INR 469.5 million a year ago. Net income was INR 27.3 million compared to INR 52.5 million a year ago. Basic earnings per share from continuing operations was INR 2.26 compared to INR 4.37 a year ago. Diluted earnings per share from continuing operations was INR 2.26 compared to INR 4.37 a year ago.