NEL Holdings South 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 91.5 million compared to INR 403.7 million a year ago. Revenue was INR 92.8 million compared to INR 2,240.1 million a year ago. Net loss was INR 1,090.5 million compared to net income of INR 5.6 million a year ago. Basic loss per share from continuing operations was INR 7.48 compared to basic earnings per share from continuing operations of INR 0.04 a year ago. Diluted loss per share from continuing operations was INR 7.48 compared to diluted earnings per share from continuing operations of INR 0.04 a year ago.
For the six months, sales was INR 188.4 million compared to INR 555.1 million a year ago. Revenue was INR 228.8 million compared to INR 2,401.7 million a year ago. Net loss was INR 1,407.8 million compared to net income of INR 2,676.9 million a year ago. Basic loss per share from continuing operations was INR 9.65 compared to basic earnings per share from continuing operations of INR 18.36 a year ago. Diluted loss per share from continuing operations was INR 9.65 compared to diluted earnings per share from continuing operations of INR 18.36 a year ago.