Shervani Industrial Syndicate Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 20.1 million compared to INR 68.8 million a year ago. Revenue was INR 22.6 million compared to INR 70.4 million a year ago. Net loss was INR 8.9 million compared to net income of INR 0.6 million a year ago. Basic loss per share from continuing operations was INR 3.27 compared to basic earnings per share from continuing operations of INR 0.21 a year ago.
For the six months, sales was INR 36.4 million compared to INR 114.5 million a year ago. Revenue was INR 41.1 million compared to INR 118.9 million a year ago. Net loss was INR 19.1 million compared to net income of INR 3.7 million a year ago. Basic loss per share from continuing operations was INR 7.02 compared to basic earnings per share from continuing operations of INR 1.35 a year ago.