Max 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 492.3 million compared to INR 580.1 million a year ago. Revenue was INR 550.5 million compared to INR 610.3 million a year ago. Net loss was INR 47 million compared to INR 17.6 million a year ago. Basic loss per share from continuing operations was INR 1.09 compared to INR 0.34 a year ago. Diluted loss per share from continuing operations was INR 1.09 compared to INR 0.34 a year ago.
For the six months, sales was INR 899 million compared to INR 1,016.2 million a year ago. Revenue was INR 1,005.5 million compared to INR 1,071.3 million a year ago. Net loss was INR 169.1 million compared to INR 59.4 million a year ago. Basic loss per share from continuing operations was INR 3.93 compared to INR 1.14 a year ago. Diluted loss per share from continuing operations was INR 3.93 compared to INR 1.14 a year ago.