Sathavahana Ispat 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 0.193 million compared to INR 97.86 million a year ago. Net loss was INR 117.65 million compared to INR 848.59 million a year ago. Basic loss per share from continuing operations was INR 2.31 compared to INR 16.67 a year ago. Diluted loss per share from continuing operations was INR 2.31 compared to INR 16.67 a year ago.
For the six months, sales was INR 5.15 million compared to INR 176.52 million a year ago. Revenue was INR 5.47 million compared to INR 207.28 million a year ago. Net loss was INR 234.1 million compared to INR 1,524.76 million a year ago. Basic loss per share from continuing operations was INR 4.6 compared to INR 29.96 a year ago. Diluted loss per share from continuing operations was INR 4.6 compared to INR 29.96 a year ago.