Deep Energy Resources 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 5.67 million compared to INR 41.02 million a year ago. Revenue was INR 6.36 million compared to INR 43.16 million a year ago. Net loss was INR 3.35 million compared to net income of INR 11.77 million a year ago.
For the six months, sales was INR 10.77 million compared to INR 48.9 million a year ago. Revenue was INR 12.5 million compared to INR 51.91 million a year ago. Net loss was INR 6.35 million compared to net income of INR 11.63 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 0.39 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 0.39 a year ago.