TPI India 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 53.22 million compared to INR 64.72 million a year ago. Revenue was INR 53.22 million compared to INR 64.75 million a year ago. Net loss was INR 6.16 million compared to net income of INR 0.733 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 0.02 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 0.02 a year ago.
For the six months, sales was INR 105.56 million compared to INR 122.18 million a year ago. Revenue was INR 105.59 million compared to INR 122.24 million a year ago. Net income was INR 13.87 million compared to INR 1.35 million a year ago. Basic earnings per share from continuing operations was INR 0.32 compared to INR 0.03 a year ago. Diluted earnings per share from continuing operations was INR 0.32 compared to INR 0.03 a year ago.