Sri Lakshmi Saraswathi Textiles (Arni) 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 331.1 million compared to INR 377.93 million a year ago. Revenue was INR 331.46 million compared to INR 378.17 million a year ago. Net loss was INR 50.77 million compared to INR 65.25 million a year ago. Basic loss per share from continuing operations was INR 15.23 compared to INR 19.58 a year ago. Diluted loss per share from continuing operations was INR 15.23 compared to INR 19.58 a year ago.
For the six months, sales was INR 681.74 million compared to INR 807.68 million a year ago. Revenue was INR 682.47 million compared to INR 808.97 million a year ago. Net loss was INR 103.23 million compared to INR 79.79 million a year ago. Basic loss per share from continuing operations was INR 30.97 compared to INR 23.94 a year ago. Diluted loss per share from continuing operations was INR 30.97 compared to INR 23.94 a year ago.