Aditya Spinners 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 156.5 million compared to INR 185.62 million a year ago. Revenue was INR 158.79 million compared to INR 186.04 million a year ago. Net loss was INR 0.097 million compared to net income of INR 15.33 million a year ago. Basic loss per share from continuing operations was INR 0.01 compared to basic earnings per share from continuing operations of INR 0.92 a year ago. Diluted loss per share from continuing operations was INR 0.01 compared to diluted earnings per share from continuing operations of INR 0.92 a year ago.
For the six months, sales was INR 318.59 million compared to INR 365.59 million a year ago. Revenue was INR 321.15 million compared to INR 367.14 million a year ago. Net income was INR 2.98 million compared to INR 26.82 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 1.6 a year ago. Diluted earnings per share from continuing operations was INR 0.181 compared to INR 1.6 a year ago.