Flex Foods 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 221.1 million compared to INR 279.9 million a year ago. Revenue was INR 226.9 million compared to INR 286.3 million a year ago. Net loss was INR 68.9 million compared to INR 4.6 million a year ago. Basic loss per share from continuing operations was INR 5.53 compared to INR 0.37 a year ago. Diluted loss per share from continuing operations was INR 5.53 compared to INR 0.37 a year ago.
For the six months, sales was INR 483.4 million compared to INR 549.3 million a year ago. Revenue was INR 496.7 million compared to INR 565.6 million a year ago. Net loss was INR 93.6 million compared to net income of INR 11.1 million a year ago. Basic loss per share from continuing operations was INR 7.51 compared to basic earnings per share from continuing operations of INR 0.89 a year ago. Diluted loss per share from continuing operations was INR 7.51 compared to diluted earnings per share from continuing operations of INR 0.89 a year ago.