Kothari Fermentation and Biochem 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 226.9 million compared to INR 245.73 million a year ago. Revenue was INR 227.15 million compared to INR 246.01 million a year ago. Net loss was INR 34.68 million compared to INR 17.17 million a year ago. Basic loss per share from continuing operations was INR 2.31 compared to INR 1.14 a year ago. Diluted loss per share from continuing operations was INR 2.31 compared to INR 1.14 a year ago.
For the six months, sales was INR 483.14 million compared to INR 481.57 million a year ago. Revenue was INR 483.39 million compared to INR 482.07 million a year ago. Net loss was INR 61.6 million compared to INR 14.61 million a year ago. Basic loss per share from continuing operations was INR 4.11 compared to INR 0.97 a year ago. Diluted loss per share from continuing operations was INR 4.11 compared to INR 0.97 a year ago.