Praxis Home Retail 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 590.25 million compared to INR 1,055.69 million a year ago. Revenue was INR 634.96 million compared to INR 1,072.76 million a year ago. Net loss was INR 137.92 million compared to net income of INR 25.07 million a year ago. Basic loss per share from continuing operations was INR 1.08 compared to basic earnings per share from continuing operations of INR 0.33 a year ago. Diluted loss per share from continuing operations was INR 1.08.
For the six months, sales was INR 1,093.6 million compared to INR 2,091.28 million a year ago. Revenue was INR 1,141.29 million compared to INR 2,132.55 million a year ago. Net loss was INR 336.52 million compared to INR 18.87 million a year ago. Basic loss per share from continuing operations was INR 3.22 compared to INR 0.25 a year ago. Diluted loss per share from continuing operations was INR 3.22.