MEP Infrastructure Developers 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 810.85 million compared to INR 2,171.29 million a year ago. Revenue was INR 842.19 million compared to INR 2,242.4 million a year ago. Net loss was INR 451.04 million compared to INR 516.35 million a year ago. Basic loss per share from continuing operations was INR 2.99 compared to INR 2.88 a year ago. Basic loss per share was INR 2.47 compared to INR 2.88 a year ago.
For the six months, sales was INR 2,313.55 million compared to INR 4,938.89 million a year ago. Revenue was INR 2,382.92 million compared to INR 5,194.12 million a year ago. Net loss was INR 1,088.24 million compared to INR 464.97 million a year ago. Basic loss per share from continuing operations was INR 7.22 compared to INR 2.73 a year ago. Basic loss per share was INR 5.96 compared to INR 2.73 a year ago.