Steel Exchange 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 2,694.48 million compared to INR 3,145.26 million a year ago. Revenue was INR 2,702.46 million compared to INR 3,150.73 million a year ago. Net loss was INR 36.48 million compared to net income of INR 10.49 million a year ago. Basic loss per share from continuing operations was INR 0.03. Diluted loss per share from continuing operations was INR 0.03.
For the six months, sales was INR 5,207.01 million compared to INR 6,750.87 million a year ago. Revenue was INR 5,224.11 million compared to INR 6,761.62 million a year ago. Net loss was INR 90.76 million compared to net income of INR 91.79 million a year ago. Basic loss per share from continuing operations was INR 0.08. Diluted loss per share from continuing operations was INR 0.08.