Varroc Engineering 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 18,279.54 million compared to INR 15,086.12 million a year ago. Revenue was INR 18,465.7 million compared to INR 15,160.58 million a year ago. Net loss was INR 7,950.21 million compared to INR 2,982.79 million a year ago. Basic loss per share from continuing operations was INR 1.27 compared to INR 0.13 a year ago. Basic loss per share was INR 52.04 compared to INR 19.52 a year ago.
For the six months, sales was INR 34,562.37 million compared to INR 27,036.05 million a year ago. Revenue was INR 34,839.1 million compared to INR 27,194.85 million a year ago. Net loss was INR 8,798.62 million compared to INR 5,285.64 million a year ago. Basic loss per share from continuing operations was INR 1.57 compared to INR 1.27 a year ago. Basic loss per share was INR 57.59 compared to INR 34.59 a year ago.