Vipul 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 74.7 million compared to INR 467.84 million a year ago. Revenue was INR 98 million compared to INR 486.54 million a year ago. Net loss was INR 170.81 million compared to net income of INR 186.74 million a year ago. Basic loss per share from continuing operations was INR 1.42 compared to basic earnings per share from continuing operations of INR 1.56 a year ago. Diluted loss per share from continuing operations was INR 1.42 compared to diluted earnings per share from continuing operations of INR 1.56 a year ago.
For the six months, sales was INR 135.75 million compared to INR 605.22 million a year ago. Revenue was INR 180.06 million compared to INR 644.38 million a year ago. Net loss was INR 323.94 million compared to INR 904.59 million a year ago. Basic loss per share from continuing operations was INR 2.7 compared to INR 7.54 a year ago. Diluted loss per share from continuing operations was INR 2.7 compared to INR 7.54 a year ago.