Garware Synthetics 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 29.87 million compared to INR 33.72 million a year ago. Revenue was INR 30.22 million compared to INR 33.72 million a year ago. Net income was INR 0.044 million compared to INR 2.43 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.42 a year ago.
For the six months, sales was INR 59.11 million compared to INR 56.34 million a year ago. Revenue was INR 59.46 million compared to INR 56.35 million a year ago. Net loss was INR 0.218 million compared to net income of INR 2.98 million a year ago.