Loyal Textile Mills 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 3,489.4 million compared to INR 4,609 million a year ago. Revenue was INR 3,492 million compared to INR 4,610.9 million a year ago. Net loss was INR 15.1 million compared to net income of INR 312.4 million a year ago. Basic loss per share from continuing operations was INR 3.13 compared to basic earnings per share from continuing operations of INR 64.85 a year ago. Diluted loss per share from continuing operations was INR 3.13 compared to diluted earnings per share from continuing operations of INR 64.85 a year ago.
For the six months, sales was INR 7,868.8 million compared to INR 8,203.9 million a year ago. Revenue was INR 7,881 million compared to INR 8,209 million a year ago. Net income was INR 203.3 million compared to INR 472.1 million a year ago. Basic earnings per share from continuing operations was INR 42.22 compared to INR 98.01 a year ago. Diluted earnings per share from continuing operations was INR 42.22 compared to INR 98.01 a year ago.