SVP Global Textiles 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 734.37 million compared to INR 2,808.3 million a year ago. Net loss was INR 544.75 million compared to net income of INR 271.56 million a year ago. Basic loss per share from continuing operations was INR 4.66.
For the six months, sales was INR 1,504.26 million compared to INR 5,538.87 million a year ago. Net loss was INR 1,136.5 million compared to net income of INR 115.74 million a year ago. Basic loss per share from continuing operations was INR 9.92.