Aanchal Ispat 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 90.22 million compared to INR 526.81 million a year ago. Revenue was INR 90.45 million compared to INR 531.61 million a year ago. Net loss was INR 35.43 million compared to INR 17.77 million a year ago. Basic loss per share from continuing operations was INR 1.7 compared to INR 0.85 a year ago. Diluted loss per share from continuing operations was INR 1.7 compared to INR 0.85 a year ago.
For the six months, sales was INR 537.36 million compared to INR 978.39 million a year ago. Revenue was INR 537.72 million compared to INR 983.21 million a year ago. Net loss was INR 54.08 million compared to INR 43.96 million a year ago. Basic loss per share from continuing operations was INR 2.59 compared to INR 2.11 a year ago. Diluted loss per share from continuing operations was INR 2.59 compared to INR 2.11 a year ago.