Himachal Fibres 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 23.59 million compared to INR 62.57 million a year ago. Revenue was INR 25.24 million compared to INR 64.54 million a year ago. Net loss was INR 12.22 million compared to net income of INR 0.801 million a year ago. Basic loss per share from continuing operations was INR 0.14 compared to basic earnings per share from continuing operations of INR 0.01 a year ago. Diluted loss per share from continuing operations was INR 0.14 compared to diluted earnings per share from continuing operations of INR 0.01 a year ago.
For the six months, sales was INR 45.9 million compared to INR 140.41 million a year ago. Revenue was INR 49.49 million compared to INR 144.5 million a year ago. Net loss was INR 29.73 million compared to net income of INR 3.07 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 0.04 a year ago. Diluted loss per share from continuing operations was INR 0.35 compared to diluted earnings per share from continuing operations of INR 0.04 a year ago.