Kothari Fermentation and Biochem 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 245.73 million compared to INR 230.23 million a year ago. Revenue was INR 246.01 million compared to INR 230.55 million a year ago. Net loss was INR 17.17 million compared to net income of INR 7.77 million a year ago. Basic loss per share from continuing operations was INR 1.14 compared to basic earnings per share from continuing operations of INR 0.52 a year ago. Diluted loss per share from continuing operations was INR 1.14 compared to diluted earnings per share from continuing operations of INR 0.52 a year ago.
For the six months, sales was INR 481.57 million compared to INR 455.54 million a year ago. Revenue was INR 482.07 million compared to INR 455.92 million a year ago. Net loss was INR 14.61 million compared to net income of INR 7.87 million a year ago. Basic loss per share from continuing operations was INR 0.97 compared to basic earnings per share from continuing operations of INR 0.52 a year ago. Diluted loss per share from continuing operations was INR 0.97 compared to diluted earnings per share from continuing operations of INR 0.52 a year ago.