Gayatri Highways 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 1.8 million compared to INR 28.7 million a year ago. Revenue was INR 7.91 million compared to INR 69.77 million a year ago. Net loss was INR 936.26 million compared to INR 767.87 million a year ago. Basic loss per share from continuing operations was INR 4.13 compared to INR 3.67 a year ago. Diluted loss per share from continuing operations was INR 4.13 compared to INR 3.67 a year ago.
For the six months, sales was INR 3.6 million compared to INR 42.76 million a year ago. Revenue was INR 15.46 million compared to INR 133.67 million a year ago. Net loss was INR 1,833.61 million compared to INR 1,475 million a year ago. Basic loss per share from continuing operations was INR 8.21 compared to INR 6.68 a year ago. Diluted loss per share from continuing operations was INR 8.21 compared to INR 6.68 a year ago.