Morarjee Textiles 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 2.4 million compared to INR 523.3 million a year ago. Net loss was INR 281.4 million compared to INR 385.7 million a year ago. Basic loss per share from continuing operations was INR 7.75 compared to INR 10.62 a year ago.
For the six months, sales was INR 105.4 million compared to INR 965 million a year ago. Revenue was INR 194.1 million compared to INR 971.5 million a year ago. Net loss was INR 650.3 million compared to INR 790.6 million a year ago. Basic loss per share from continuing operations was INR 17.9 compared to INR 21.76 a year ago.