Shiva Mills 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 447.96 million compared to INR 536.69 million a year ago. Revenue was INR 449.55 million compared to INR 538.19 million a year ago. Net loss was INR 33.13 million compared to net income of INR 47.46 million a year ago. Basic loss per share from continuing operations was INR 3.83 compared to basic earnings per share from continuing operations of INR 5.49 a year ago. Diluted loss per share from continuing operations was INR 3.83 compared to diluted earnings per share from continuing operations of INR 5.49 a year ago.
For the six months, sales was INR 895.87 million compared to INR 898.77 million a year ago. Revenue was INR 899.11 million compared to INR 901.54 million a year ago. Net income was INR 2.08 million compared to INR 86.05 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 9.96 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to INR 9.96 a year ago.