NITCO Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 755.61 million compared to INR 951.79 million a year ago. Net loss was INR 361.16 million compared to INR 268.08 million a year ago. Basic loss per share from continuing operations was INR 5.06 compared to INR 3.79 a year ago. Diluted loss per share from continuing operations was INR 5.06 compared to INR 3.79 a year ago.
For the six months, revenue was INR 1,683.14 million compared to INR 1,760.1 million a year ago. Net loss was INR 746.25 million compared to INR 583.65 million a year ago. Basic loss per share from continuing operations was INR 10.37 compared to INR 8.22 a year ago. Diluted loss per share from continuing operations was INR 10.37 compared to INR 8.22 a year ago.