Sagar Cements 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 5,868.2 million compared to INR 4,745.5 million a year ago. Revenue was INR 5,895.6 million compared to INR 4,894.8 million a year ago. Net loss was INR 84 million compared to INR 365.9 million a year ago. Basic loss per share from continuing operations was INR 0.81 compared to INR 3.33 a year ago. Diluted loss per share from continuing operations was INR 0.81 compared to INR 3.33 a year ago.
For the six months, sales was INR 11,264.9 million compared to INR 10,322.7 million a year ago. Revenue was INR 11,331.4 million compared to INR 10,596.4 million a year ago. Net loss was INR 479 million compared to INR 418.2 million a year ago. Basic loss per share from continuing operations was INR 4.02 compared to INR 4.27 a year ago. Diluted loss per share from continuing operations was INR 4.02 compared to INR 4.27 a year ago.