Gravity (India) 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 22.45 million compared to INR 31.54 million a year ago. Revenue was INR 22.49 million compared to INR 32.24 million a year ago. Net loss was INR 0.499 million compared to net income of INR 3.22 million a year ago. Basic loss per share from continuing operations was INR 0.06 compared to basic earnings per share from continuing operations of INR 0.36 a year ago.
For the six months, sales was INR 46.86 million compared to INR 37.2 million a year ago. Revenue was INR 47.04 million compared to INR 38.08 million a year ago. Net loss was INR 4.06 million compared to net income of INR 0.739 million a year ago. Basic loss per share from continuing operations was INR 0.45 compared to basic earnings per share from continuing operations of INR 0.08 a year ago.