Piccadily Sugar & Allied Industries Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 33.04 million compared to INR 76.92 million a year ago. Revenue was INR 39.7 million compared to INR 91.48 million a year ago. Net loss was INR 11.58 million compared to net income of INR 2.36 million a year ago. Basic loss per share from continuing operations was INR 0.5 compared to basic earnings per share from continuing operations of INR 0.1 a year ago. Diluted loss per share from continuing operations was INR 0.5 compared to diluted earnings per share from continuing operations of INR 0.1 a year ago.
For the six months, sales was INR 84.49 million compared to INR 139.58 million a year ago. Revenue was INR 113.58 million compared to INR 167.45 million a year ago. Net loss was INR 10.5 million compared to net income of INR 0.113 million a year ago. Basic loss per share from continuing operations was INR 0.45. Diluted loss per share from continuing operations was INR 0.45.