MEP Infrastructure Developers 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 134.18 million compared to INR 810.85 million a year ago. Revenue was INR 149.91 million compared to INR 842.17 million a year ago. Net loss was INR 517.94 million compared to INR 451.04 million a year ago. Basic loss per share from continuing operations was INR 3.34 compared to INR 2.99 a year ago. Basic loss per share was INR 2.81 compared to INR 2.47 a year ago.
For the six months, sales was INR 197.38 million compared to INR 2,313.55 million a year ago. Revenue was INR 244.69 million compared to INR 2,382.92 million a year ago. Net loss was INR 932.24 million compared to INR 1,088.24 million a year ago. Basic loss per share from continuing operations was INR 6.75 compared to INR 7.22 a year ago. Basic loss per share was INR 5.07 compared to INR 5.96 a year ago.