The South India Paper Mills 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 727.99 million compared to INR 751.93 million a year ago. Revenue was INR 729.4 million compared to INR 753.39 million a year ago. Net loss was INR 33.75 million compared to INR 65.66 million a year ago. Basic loss per share from continuing operations was INR 1.8 compared to INR 4.38 a year ago. Diluted loss per share from continuing operations was INR 1.8 compared to INR 4.38 a year ago.
For the six months, sales was INR 1,497.33 million compared to INR 1,557.1 million a year ago. Revenue was INR 1,503.3 million compared to INR 1,558.89 million a year ago. Net loss was INR 75.14 million compared to INR 65.14 million a year ago. Basic loss per share from continuing operations was INR 4.01 compared to INR 4.34 a year ago. Diluted loss per share from continuing operations was INR 4.01 compared to INR 4.34 a year ago.