Alankit 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 131.88 million compared to INR 331.63 million a year ago. Revenue was INR 264.29 million compared to INR 348.01 million a year ago. Net loss was INR 462.91 million compared to net income of INR 12.9 million a year ago. Basic loss per share from continuing operations was INR 3.24 compared to basic earnings per share from continuing operations of INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 3.24 compared to diluted earnings per share from continuing operations of INR 0.09 a year ago.
For the six months, sales was INR 474.07 million compared to INR 652.78 million a year ago. Revenue was INR 622.25 million compared to INR 693.47 million a year ago. Net loss was INR 418.71 million compared to net income of INR 47.1 million a year ago. Basic loss per share from continuing operations was INR 2.93 compared to basic earnings per share from continuing operations of INR 0.33 a year ago. Diluted loss per share from continuing operations was INR 2.93 compared to diluted earnings per share from continuing operations of INR 0.33 a year ago.