Raama Paper Mills 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 178.81 million compared to INR 66.27 million a year ago. Revenue was INR 178.82 million compared to INR 66.27 million a year ago. Net loss was INR 82.01 million compared to INR 135.06 million a year ago. Basic loss per share from continuing operations was INR 8.49 compared to INR 13.97 a year ago. Diluted loss per share from continuing operations was INR 8.49 compared to INR 13.97 a year ago.
For the six months, sales was INR 380.09 million compared to INR 265.36 million a year ago. Revenue was INR 422.23 million compared to INR 265.36 million a year ago. Net loss was INR 78.03 million compared to INR 121.15 million a year ago. Basic loss per share from continuing operations was INR 8.07 compared to INR 12.54 a year ago. Diluted loss per share from continuing operations was INR 8.07 compared to INR 12.54 a year ago.