Mangalam Industrial Finance Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 6.52 million compared to INR 3.12 million a year ago. Net loss was INR 5.91 million compared to INR 4.83 million a year ago. Basic loss per share from continuing operations was INR 0.006 compared to INR 0.005 a year ago. Diluted loss per share from continuing operations was INR 0.006 compared to INR 0.005 a year ago.
For the six months, revenue was INR 12.45 million compared to INR 5.8 million a year ago. Net income was INR 1.31 million compared to net loss of INR 2.52 million a year ago. Basic earnings per share from continuing operations was INR 0.001 compared to basic loss per share from continuing operations of INR 0.003 a year ago. Diluted earnings per share from continuing operations was INR 0.001 compared to diluted loss per share from continuing operations of INR 0.003 a year ago.