GMR Power And Urban Infra 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 6,274.9 million compared to INR 15,807.2 million a year ago. Revenue was INR 6,786.2 million compared to INR 16,269 million a year ago. Net loss was INR 1,052.9 million compared to net income of INR 10,827 million a year ago. Basic loss per share from continuing operations was INR 1.74 compared to basic earnings per share from continuing operations of INR 18.12 a year ago. Diluted loss per share from continuing operations was INR 1.74 compared to diluted earnings per share from continuing operations of INR 16.46 a year ago. Basic loss per share was INR 1.74 compared to basic earnings per share of INR 17.94 a year ago. Diluted loss per share was INR 1.74 compared to diluted earnings per share of INR 16.31 a year ago.
For the six months, sales was INR 17,517.1 million compared to INR 26,494 million a year ago. Revenue was INR 18,690.4 million compared to INR 27,903.2 million a year ago. Net loss was INR 3,105.9 million compared to net income of INR 12,953.5 million a year ago. Basic loss per share from continuing operations was INR 4.87 compared to basic earnings per share from continuing operations of INR 21.74 a year ago. Diluted loss per share from continuing operations was INR 4.87 compared to diluted earnings per share from continuing operations of INR 20.73 a year ago. Basic loss per share was INR 5.14 compared to basic earnings per share of INR 21.46 a year ago. Diluted loss per share was INR 5.14 compared to diluted earnings per share of INR 20.5 a year ago.