Sainik Finance & Industries Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 49.24 million compared to INR 55.59 million a year ago. Net income was INR 10.73 million compared to net loss of INR 0.302 million a year ago. Basic earnings per share from continuing operations was INR 0.99 compared to basic loss per share from continuing operations of INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.99 compared to diluted loss per share from continuing operations of INR 0.03 a year ago.
For the six months, revenue was INR 91.33 million compared to INR 110.97 million a year ago. Net loss was INR 25.85 million compared to net income of INR 5.61 million a year ago. Basic loss per share from continuing operations was INR 2.38 compared to basic earnings per share from continuing operations of INR 0.52 a year ago. Diluted loss per share from continuing operations was INR 2.38 compared to diluted earnings per share from continuing operations of INR 0.52 a year ago.