TVS Supply Chain Solutions 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 22,629.1 million compared to INR 26,807.9 million a year ago. Revenue was INR 22,712 million compared to INR 27,017.9 million a year ago. Net loss was INR 495.5 million compared to net income of INR 392.1 million a year ago. Basic loss per share from continuing operations was INR 0.74 compared to basic earnings per share from continuing operations of INR 1.02 a year ago. Diluted loss per share from continuing operations was INR 0.74 compared to diluted earnings per share from continuing operations of INR 1.01 a year ago. Basic loss per share was INR 1.19 compared to basic earnings per share of INR 1.07 a year ago. Diluted loss per share was INR 1.19 compared to diluted earnings per share of INR 1.06 a year ago.
For the six months, sales was INR 45,518.3 million compared to INR 52,993.6 million a year ago. Revenue was INR 45,783.2 million compared to INR 53,363.8 million a year ago. Net loss was INR 1,150.9 million compared to net income of INR 352.3 million a year ago. Basic loss per share from continuing operations was INR 2.04 compared to basic earnings per share from continuing operations of INR 1.02 a year ago. Diluted loss per share from continuing operations was INR 2.04 compared to diluted earnings per share from continuing operations of INR 1.01 a year ago. Basic loss per share was INR 2.85 compared to basic earnings per share of INR 0.97 a year ago. Diluted loss per share was INR 2.85 compared to diluted earnings per share of INR 0.96 a year ago.