Kernex Microsystems (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 14.08 million compared to INR 4.21 million a year ago. Revenue was INR 16.68 million compared to INR 6.54 million a year ago. Net loss was INR 44.11 million compared to INR 46.02 million a year ago. Basic loss per share from continuing operations was INR 2.76 compared to INR 3.35 a year ago.
For the six months, sales was INR 23.71 million compared to INR 14.15 million a year ago. Revenue was INR 30.97 million compared to INR 17.58 million a year ago. Net loss was INR 52.94 million compared to INR 79.84 million a year ago. Basic loss per share from continuing operations was INR 3.43 compared to INR 5.78 a year ago.