Gravity (India) 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 8.8 million compared to INR 22.45 million a year ago. Revenue was INR 8.85 million compared to INR 22.49 million a year ago. Net loss was INR 1.85 million compared to INR 0.5 million a year ago. Basic loss per share from continuing operations was INR 0.21 compared to INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 0.21 compared to INR 0.06 a year ago.
For the six months, sales was INR 16.1 million compared to INR 46.86 million a year ago. Revenue was INR 16.21 million compared to INR 47.04 million a year ago. Net loss was INR 4.81 million compared to INR 4.07 million a year ago. Basic loss per share from continuing operations was INR 0.53 compared to INR 0.45 a year ago. Diluted loss per share from continuing operations was INR 0.53 compared to INR 0.45 a year ago.