Kuwer Industries 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 155.93 million compared to INR 177.9 million a year ago. Revenue was INR 155.96 million compared to INR 187.01 million a year ago. Net loss was INR 12.48 million compared to INR 8.4 million a year ago. Basic loss per share from continuing operations was INR 1.38 compared to INR 0.92 a year ago. Diluted loss per share from continuing operations was INR 1.38 compared to INR 0.92 a year ago.
For the six months, sales was INR 315.94 million compared to INR 350.38 million a year ago. Revenue was INR 316.02 million compared to INR 359.56 million a year ago. Net loss was INR 23.33 million compared to INR 13.66 million a year ago. Basic loss per share from continuing operations was INR 2.57 compared to INR 1.51 a year ago. Diluted loss per share from continuing operations was INR 2.57 compared to INR 1.51 a year ago.