Raw Edge Industrial Solutions 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 108.47 million compared to INR 145.51 million a year ago. Revenue was INR 108.5 million compared to INR 145.51 million a year ago. Net loss was INR 7.4 million compared to net income of INR 1.7 million a year ago. Basic loss per share from continuing operations was INR 0.736 compared to basic earnings per share from continuing operations of INR 0.169 a year ago. Diluted loss per share from continuing operations was INR 0.736 compared to diluted earnings per share from continuing operations of INR 0.169 a year ago.
For the six months, sales was INR 219.46 million compared to INR 304.12 million a year ago. Revenue was INR 219.6 million compared to INR 304.2 million a year ago. Net loss was INR 9.38 million compared to net income of INR 6.28 million a year ago. Basic loss per share from continuing operations was INR 0.932 compared to basic earnings per share from continuing operations of INR 0.624 a year ago. Diluted loss per share from continuing operations was INR 0.932 compared to diluted earnings per share from continuing operations of INR 0.624 a year ago.