Coromandel Engineering Company 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 280.5 million compared to INR 360.53 million a year ago. Revenue was INR 280.5 million compared to INR 360.53 million a year ago. Net loss was INR 15.67 million compared to INR 11.45 million a year ago. Basic loss per share from continuing operations was INR 0.47 compared to INR 0.34 a year ago. Diluted loss per share from continuing operations was INR 0.47 compared to INR 0.34 a year ago.
For the six months, sales was INR 509.92 million compared to INR 723.93 million a year ago. Revenue was INR 509.92 million compared to INR 723.93 million a year ago. Net loss was INR 31.68 million compared to INR 25.14 million a year ago. Basic loss per share from continuing operations was INR 0.95 compared to INR 0.76 a year ago. Diluted loss per share from continuing operations was INR 0.95 compared to INR 0.76 a year ago.