Maris Spinners 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 380.82 million compared to INR 231.63 million a year ago. Revenue was INR 400.25 million compared to INR 240.04 million a year ago. Net loss was INR 25.82 million compared to INR 63.35 million a year ago. Basic loss per share from continuing operations was INR 3.26 compared to INR 7.99 a year ago. Diluted loss per share from continuing operations was INR 3.26 compared to INR 7.99 a year ago.
For the six months, sales was INR 840.37 million compared to INR 668.7 million a year ago. Revenue was INR 874.17 million compared to INR 682.2 million a year ago. Net loss was INR 60.89 million compared to INR 28.05 million a year ago. Basic loss per share from continuing operations was INR 7.68 compared to INR 3.54 a year ago. Diluted loss per share from continuing operations was INR 7.68 compared to INR 3.54 a year ago.