Kuwer Industries 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 177.9 million compared to INR 154.25 million a year ago. Revenue was INR 187.01 million compared to INR 154.41 million a year ago. Net loss was INR 8.4 million compared to INR 2.44 million a year ago. Basic loss per share from continuing operations was INR 0.92 compared to INR 0.27 a year ago. Diluted loss per share from continuing operations was INR 0.92 compared to INR 0.27 a year ago.
For the six months, sales was INR 350.38 million compared to INR 295 million a year ago. Revenue was INR 359.56 million compared to INR 295.62 million a year ago. Net loss was INR 13.66 million compared to INR 6.98 million a year ago. Basic loss per share from continuing operations was INR 1.51 compared to INR 0.77 a year ago. Diluted loss per share from continuing operations was INR 1.51 compared to INR 0.77 a year ago.