Sundaram Multi Pap 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 223.02 million compared to INR 253.84 million a year ago. Revenue was INR 224.82 million compared to INR 258.4 million a year ago. Net loss was INR 23.49 million compared to net income of INR 19.98 million a year ago. Basic loss per share from continuing operations was INR 0.05 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 0.05 compared to diluted earnings per share from continuing operations of INR 0.04 a year ago.
For the six months, sales was INR 645.94 million compared to INR 513.43 million a year ago. Revenue was INR 648.29 million compared to INR 525.65 million a year ago. Net loss was INR 31.76 million compared to net income of INR 52.27 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to basic earnings per share from continuing operations of INR 0.11 a year ago. Diluted loss per share from continuing operations was INR 0.07 compared to diluted earnings per share from continuing operations of INR 0.11 a year ago.