Atlas Cycles (Haryana) 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 16.34 million compared to INR 6.55 million a year ago. Revenue was INR 27.35 million compared to INR 6.85 million a year ago. Net loss was INR 27.08 million compared to INR 86.38 million a year ago. Basic loss per share from continuing operations was INR 4.16 compared to INR 13.28 a year ago. Diluted loss per share from continuing operations was INR 4.16 compared to INR 13.28 a year ago.
For the six months, sales was INR 16.34 million compared to INR 15.55 million a year ago. Revenue was INR 38.29 million compared to INR 15.86 million a year ago. Net loss was INR 31.04 million compared to INR 142.47 million a year ago. Basic loss per share from continuing operations was INR 4.77 compared to INR 21.91 a year ago. Diluted loss per share from continuing operations was INR 4.77 compared to INR 21.91 a year ago.