Cravatex 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 1,704.22 million compared to INR 1,567.43 million a year ago. Revenue was INR 1,729.41 million compared to INR 1,590.34 million a year ago. Net loss was INR 191.81 million compared to INR 60.4 million a year ago. Basic loss per share from continuing operations was INR 74.23 compared to INR 23.37 a year ago. Diluted loss per share from continuing operations was INR 74.23 compared to INR 23.37 a year ago.
For the six months, sales was INR 3,328.22 million compared to INR 2,802.85 million a year ago. Revenue was INR 3,368.41 million compared to INR 2,849.55 million a year ago. Net loss was INR 302.89 million compared to INR 170.44 million a year ago. Basic loss per share from continuing operations was INR 117.21 compared to INR 65.96 a year ago. Diluted loss per share from continuing operations was INR 117.21 compared to INR 65.96 a year ago.