Mahanagar Telephone Nigam 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 2,379.2 million compared to INR 3,057.3 million a year ago. Revenue was INR 3,753.4 million compared to INR 4,250.4 million a year ago. Net loss was INR 7,379.9 million compared to INR 6,545.6 million a year ago. Basic loss per share from continuing operations was INR 11.71 compared to INR 10.39 a year ago. Diluted loss per share from continuing operations was INR 11.71 compared to INR 10.39 a year ago.
For the six months, sales was INR 4,886.4 million compared to INR 6,068.8 million a year ago. Revenue was INR 7,758.9 million compared to INR 8,417.1 million a year ago. Net loss was INR 13,910.6 million compared to INR 13,432.5 million a year ago. Basic loss per share from continuing operations was INR 22.08 compared to INR 21.32 a year ago. Diluted loss per share from continuing operations was INR 22.08 compared to INR 21.32 a year ago.