Nova Iron & Steel Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
For the six months, sales was INR 3,042.47 million compared to INR 3,457.43 million a year ago. Revenue was INR 3,072.19 million compared to INR 3,466.84 million a year ago. Net loss was INR 37.92 million compared to net income of INR 13.35 million a year ago. Basic loss per share from continuing operations was INR 1.05 compared to basic earnings per share from continuing operations of INR 0.37 a year ago. Diluted loss per share from continuing operations was INR 1.05 compared to diluted earnings per share from continuing operations of INR 0.37 a year ago.