Parvati Sweetners and Power 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 107.59 million compared to INR 289.31 million a year ago. Revenue was INR 107.67 million compared to INR 289.32 million a year ago. Net income was INR 1.3 million compared to net loss of INR 31.86 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to basic loss per share from continuing operations of INR 0.35 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to diluted loss per share from continuing operations of INR 0.35 a year ago.
For the six months, sales was INR 341.41 million compared to INR 573.98 million a year ago. Revenue was INR 341.5 million compared to INR 574 million a year ago. Net income was INR 3.57 million compared to net loss of INR 30.27 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to basic loss per share from continuing operations of INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to diluted loss per share from continuing operations of INR 0.34 a year ago.