Kakatiya Cement Sugar and Industries 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 336.91 million compared to INR 365.76 million a year ago. Revenue was INR 368.16 million compared to INR 391.58 million a year ago. Net loss was INR 49.9 million compared to net income of INR 75.74 million a year ago. Basic loss per share from continuing operations was INR 6.42 compared to basic earnings per share from continuing operations of INR 9.74 a year ago. Diluted loss per share from continuing operations was INR 6.42 compared to diluted earnings per share from continuing operations of INR 9.74 a year ago.
For the six months, sales was INR 677.51 million compared to INR 727.71 million a year ago. Revenue was INR 735.24 million compared to INR 779.01 million a year ago. Net loss was INR 47.54 million compared to net income of INR 141.19 million a year ago. Basic loss per share from continuing operations was INR 6.11 compared to basic earnings per share from continuing operations of INR 18.16 a year ago. Diluted loss per share from continuing operations was INR 6.11 compared to diluted earnings per share from continuing operations of INR 18.16 a year ago.