Flex Foods 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 279.9 million compared to INR 336.9 million a year ago. Revenue was INR 286.3 million compared to INR 349.6 million a year ago. Net loss was INR 4.6 million compared to net income of INR 29 million a year ago. Basic loss per share from continuing operations was INR 0.37 compared to basic earnings per share from continuing operations of INR 2.33 a year ago. Diluted loss per share from continuing operations was INR 0.37 compared to diluted earnings per share from continuing operations of INR 2.33 a year ago.
For the six months, sales was INR 549.3 million compared to INR 555 million a year ago. Revenue was INR 565.6 million compared to INR 575.5 million a year ago. Net income was INR 11.1 million compared to INR 56.9 million a year ago. Basic earnings per share from continuing operations was INR 0.89 compared to INR 4.57 a year ago. Diluted earnings per share from continuing operations was INR 0.89 compared to INR 4.57 a year ago.