Rainbow Denim Ltd. announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was INR 222.511 million compared to INR 328.339 million a year ago. Net loss was INR 27.812 million compared to INR 51.621 million a year ago. Basic loss per share was INR 2.09 compared to INR 3.89 a year ago. For the half year, sales was INR 505.856 million compared to INR 761.209 million a year ago. Net income was INR 7.972 million compared to net loss of INR 96.198 million a year ago. Basic earnings per share was INR 0.6 compared to basic loss per share of INR 7.24 a year ago.