Sri Lakshmi Saraswathi Textiles (Arni) Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 377.93 million compared to INR 365.99 million a year ago. Revenue was INR 378.17 million compared to INR 366.19 million a year ago. Net loss was INR 65.25 million compared to net income of INR 10.47 million a year ago. Basic loss per share from continuing operations was INR 19.58 compared to basic earnings per share from continuing operations of INR 3.14 a year ago. Diluted loss per share from continuing operations was INR 19.58 compared to diluted earnings per share from continuing operations of INR 3.14 a year ago.
For the six months, sales was INR 807.68 million compared to INR 679.3 million a year ago. Revenue was INR 808.97 million compared to INR 679.64 million a year ago. Net loss was INR 79.79 million compared to net income of INR 24.2 million a year ago. Basic loss per share from continuing operations was INR 23.94 compared to basic earnings per share from continuing operations of INR 7.26 a year ago. Diluted loss per share from continuing operations was INR 23.94 compared to diluted earnings per share from continuing operations of INR 7.26 a year ago.