Orient Beverages 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 372.9 million compared to INR 278.2 million a year ago. Revenue was INR 383.6 million compared to INR 299.7 million a year ago. Net loss was INR 57 million compared to net income of INR 19.4 million a year ago. Basic loss per share from continuing operations was INR 26.97 compared to basic earnings per share from continuing operations of INR 8.98 a year ago.
For the six months, sales was INR 755.3 million compared to INR 568.7 million a year ago. Revenue was INR 779.1 million compared to INR 599.6 million a year ago. Net loss was INR 37.8 million compared to net income of INR 23.5 million a year ago. Basic loss per share from continuing operations was INR 18.04 compared to basic earnings per share from continuing operations of INR 10.87 a year ago.