Rainbow Denim Ltd. announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was INR 1.568 million compared to INR 222.511 million a year ago. Net loss was INR 33.218 million compared to INR 27.812 million a year ago. Basic loss per share was INR 2.5 compared to INR 2.09 a year ago. For the half year, sales was INR 38.117 million compared to INR 505.856 million a year ago. Net loss was INR 77.302 million compared to net income of INR 7.972 million a year ago. Basic loss per share was INR 5.82 compared to basic earnings per share of INR 0.6 a year ago.