Lakhotia Polyesters (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 39.96 million compared to INR 11.35 million a year ago. Revenue was INR 42.03 million compared to INR 13.82 million a year ago. Net loss was INR 2.73 million compared to net income of INR 0.039 million a year ago. Basic loss per share from continuing operations was INR 0.27. Diluted loss per share from continuing operations was INR 0.27.
For the six months, sales was INR 69.04 million compared to INR 20.59 million a year ago. Revenue was INR 71.4 million compared to INR 26.88 million a year ago. Net loss was INR 0.242 million compared to net income of INR 3.76 million a year ago.