Mohit Industries 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 387.93 million compared to INR 446.41 million a year ago. Revenue was INR 389.74 million compared to INR 443.97 million a year ago. Net loss was INR 9.61 million compared to net income of INR 0.807 million a year ago. Basic loss per share from continuing operations was INR 0.68 compared to basic earnings per share from continuing operations of INR 0.06 a year ago. Diluted loss per share from continuing operations was INR 0.68 compared to diluted earnings per share from continuing operations of INR 0.06 a year ago.
For the six months, sales was INR 755.5 million compared to INR 798.68 million a year ago. Revenue was INR 759.17 million compared to INR 804.47 million a year ago. Net loss was INR 16.21 million compared to INR 3.05 million a year ago. Basic loss per share from continuing operations was INR 1.14 compared to INR 0.22 a year ago. Diluted loss per share from continuing operations was INR 1.14 compared to INR 0.22 a year ago.