LGB Forge 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 298 million compared to INR 363.44 million a year ago. Revenue was INR 303.48 million compared to INR 364.65 million a year ago. Net loss was INR 25.08 million compared to net income of INR 15.51 million a year ago. Basic loss per share from continuing operations was INR 0.11 compared to basic earnings per share from continuing operations of INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 0.11 compared to diluted earnings per share from continuing operations of INR 0.06 a year ago.
For the six months, sales was INR 578.32 million compared to INR 632.25 million a year ago. Revenue was INR 585.32 million compared to INR 636.81 million a year ago. Net loss was INR 32.57 million compared to net income of INR 21.88 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to basic earnings per share from continuing operations of INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 0.14 compared to diluted earnings per share from continuing operations of INR 0.09 a year ago.