Zuari Industries 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 2,686.47 million compared to INR 1,867.04 million a year ago. Revenue was INR 3,151.3 million compared to INR 2,456.29 million a year ago. Net loss was INR 327.48 million compared to INR 444.41 million a year ago. Basic loss per share from continuing operations was INR 11 compared to INR 14.92 a year ago. Diluted loss per share from continuing operations was INR 11 compared to INR 14.92 a year ago.
For the six months, sales was INR 4,596.45 million compared to INR 4,207.49 million a year ago. Revenue was INR 5,881.13 million compared to INR 5,134.32 million a year ago. Net loss was INR 810.07 million compared to net income of INR 2,085.99 million a year ago. Basic loss per share from continuing operations was INR 27.2 compared to basic earnings per share from continuing operations of INR 70.04 a year ago. Diluted loss per share from continuing operations was INR 27.2 compared to diluted earnings per share from continuing operations of INR 70.04 a year ago.