Madhav Marbles and Granites 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 106.64 million compared to INR 116.94 million a year ago. Revenue was INR 115.59 million compared to INR 127.4 million a year ago. Net loss was INR 7.73 million compared to INR 20.9 million a year ago. Basic loss per share from continuing operations was INR 0.86 compared to INR 2.34 a year ago. Diluted loss per share from continuing operations was INR 0.86 compared to INR 2.34 a year ago.
For the six months, sales was INR 218.06 million compared to INR 264.16 million a year ago. Revenue was INR 232.84 million compared to INR 283.92 million a year ago. Net loss was INR 7.49 million compared to INR 7.42 million a year ago. Basic loss per share from continuing operations was INR 0.84 compared to INR 0.83 a year ago. Diluted loss per share from continuing operations was INR 0.84 compared to INR 0.83 a year ago.