Shanti Overseas (India) 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 0.005 million compared to INR 368.25 million a year ago. Revenue was INR 0.063 million compared to INR 371.13 million a year ago. Net loss was INR 5.93 million compared to INR 27.9 million a year ago. Basic loss per share from continuing operations was INR 0.53 compared to INR 2.51 a year ago. Diluted loss per share from continuing operations was INR 0.53 compared to INR 2.51 a year ago.
For the six months, sales was INR 72.5 million compared to INR 1,359.37 million a year ago. Revenue was INR 73.16 million compared to INR 1,362.41 million a year ago. Net loss was INR 10.13 million compared to INR 49.7 million a year ago. Basic loss per share from continuing operations was INR 0.91 compared to INR 4.48 a year ago. Diluted loss per share from continuing operations was INR 0.91 compared to INR 4.48 a year ago.