Gujarat Cotex Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 48.76 million compared to INR 33.13 million a year ago. Revenue was INR 48.81 million compared to INR 33.13 million a year ago. Net income was INR 0.556 million compared to net loss of INR 24.9 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to basic loss per share from continuing operations of INR 1.75 a year ago.
For the six months, sales was INR 97.98 million compared to INR 54.77 million a year ago. Revenue was INR 98.03 million compared to INR 54.78 million a year ago. Net income was INR 0.825 million compared to net loss of INR 24.81 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to basic loss per share from continuing operations of INR 1.74 a year ago.