Shakarganj Limited reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was PKR 10,695.29 million compared to PKR 12,460.17 million a year ago. Revenue was PKR 9,331.57 million compared to PKR 11,034.83 million a year ago. Net loss was PKR 1,232.01 million compared to net income of PKR 397.2 million a year ago. Basic loss per share from continuing operations was PKR 9.86 compared to basic earnings per share from continuing operations of PKR 3.18 a year ago.
For the six months, sales was PKR 17,324.48 million compared to PKR 19,984.08 million a year ago. Revenue was PKR 15,268.27 million compared to PKR 18,016.48 million a year ago. Net loss was PKR 1,785.73 million compared to net income of PKR 211.23 million a year ago. Basic loss per share from continuing operations was PKR 14.29 compared to basic earnings per share from continuing operations of PKR 1.69 a year ago.