Prakash Woollen & Synthetic 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 204.01 million compared to INR 255.45 million a year ago. Revenue was INR 204.17 million compared to INR 256.1 million a year ago. Net loss was INR 21.53 million compared to net income of INR 6.52 million a year ago. Basic loss per share from continuing operations was INR 2.1 compared to basic earnings per share from continuing operations of INR 0.63 a year ago. Diluted loss per share from continuing operations was INR 2.1 compared to diluted earnings per share from continuing operations of INR 0.63 a year ago.
For the six months, sales was INR 421.9 million compared to INR 380.36 million a year ago. Revenue was INR 422.06 million compared to INR 381.39 million a year ago. Net loss was INR 38.1 million compared to net income of INR 0.208 million a year ago. Basic loss per share from continuing operations was INR 3.71 compared to basic earnings per share from continuing operations of INR 0.02 a year ago. Diluted loss per share from continuing operations was INR 3.71 compared to diluted earnings per share from continuing operations of INR 0.02 a year ago.