Suvidhaa Infoserve 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 16.2 million compared to INR 61.2 million a year ago. Revenue was INR 17.6 million compared to INR 61.5 million a year ago. Net loss was INR 32.8 million compared to INR 16.5 million a year ago. Basic loss per share from continuing operations was INR 0.16 compared to INR 0.08 a year ago. Diluted loss per share from continuing operations was INR 0.16 compared to INR 0.08 a year ago.
For the six months, sales was INR 34.4 million compared to INR 117.8 million a year ago. Revenue was INR 37.4 million compared to INR 120.7 million a year ago. Net loss was INR 77.7 million compared to INR 22.9 million a year ago. Basic loss per share from continuing operations was INR 0.37 compared to INR 0.11 a year ago. Diluted loss per share from continuing operations was INR 0.37 compared to INR 0.11 a year ago.