Precision Electronics Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 73.1 million compared to INR 45.8 million a year ago. Revenue was INR 98.6 million compared to INR 49 million a year ago. Net income was INR 8.3 million compared to net loss of INR 3.8 million a year ago. Basic earnings per share from continuing operations was INR 0.6 compared to basic loss per share from continuing operations of INR 0.28 a year ago.
For the six months, sales was INR 106 million compared to INR 94.4 million a year ago. Revenue was INR 133.2 million compared to INR 96.9 million a year ago. Net loss was INR 22.2 million compared to INR 3.7 million a year ago. Basic loss per share from continuing operations was INR 1.61 compared to INR 0.27 a year ago.