Indian Acrylics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 04:32 am EST
Indian Acrylics 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 1,715.9 million compared to INR 2,458.05 million a year ago. Revenue was INR 1,728.04 million compared to INR 2,475.94 million a year ago. Net loss was INR 247.36 million compared to INR 16.1 million a year ago. Basic loss per share from continuing operations was INR 1.83 compared to INR 0.12 a year ago. Diluted loss per share from continuing operations was INR 1.83 compared to INR 0.12 a year ago.
For the six months, sales was INR 3,096.05 million compared to INR 4,828.29 million a year ago. Revenue was INR 3,147.09 million compared to INR 4,866.36 million a year ago. Net loss was INR 340.64 million compared to INR 6.18 million a year ago. Basic loss per share from continuing operations was INR 2.52 compared to INR 0.05 a year ago. Diluted loss per share from continuing operations was INR 2.52 compared to INR 0.05 a year ago.