Vardhman Polytex 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 1,006.05 million compared to INR 1,010.48 million a year ago. Revenue was INR 1,023.94 million compared to INR 1,019.04 million a year ago. Net loss was INR 340.67 million compared to net income of INR 32.67 million a year ago. Basic loss per share from continuing operations was INR 15.12 compared to basic earnings per share from continuing operations of INR 1.47 a year ago.
For the six months, sales was INR 2,361.39 million compared to INR 3,594.02 million a year ago. Revenue was INR 2,577.17 million compared to INR 3,623.78 million a year ago. Net loss was INR 330.18 million compared to INR 71.38 million a year ago. Basic loss per share from continuing operations was INR 14.65 compared to INR 3.2 a year ago.