Ind Agiv Commerce 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 11 million compared to INR 18.72 million a year ago. Revenue was INR 11.45 million compared to INR 28.01 million a year ago. Net loss was INR 7.16 million compared to net income of INR 13.84 million a year ago. Basic loss per share from continuing operations was INR 7.16 compared to basic earnings per share from continuing operations of INR 13.84 a year ago. Diluted loss per share from continuing operations was INR 7.16 compared to diluted earnings per share from continuing operations of INR 13.84 a year ago.
For the six months, sales was INR 23.58 million compared to INR 41.64 million a year ago. Revenue was INR 34.88 million compared to INR 51.21 million a year ago. Net loss was INR 37.09 million compared to net income of INR 2.45 million a year ago. Basic loss per share from continuing operations was INR 37.09 compared to basic earnings per share from continuing operations of INR 2.45 a year ago. Diluted loss per share from continuing operations was INR 37.09 compared to diluted earnings per share from continuing operations of INR 2.45 a year ago.