Minaxi Textiles 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 82.64 million compared to INR 62.53 million a year ago. Revenue was INR 82.58 million compared to INR 62.52 million a year ago. Net loss was INR 3.32 million compared to INR 17.9 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to INR 0.36 a year ago.
For the six months, sales was INR 179.18 million compared to INR 163.16 million a year ago. Revenue was INR 187.41 million compared to INR 163.85 million a year ago. Net income was INR 2.95 million compared to net loss of INR 28.54 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to basic loss per share from continuing operations of INR 0.58 a year ago.