Swadeshi Industries & Leasing 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 0.224 million compared to INR 0.934 million a year ago. Net loss was INR 0.148 million compared to INR 2.97 million a year ago. Basic loss per share from continuing operations was INR 0.014 compared to INR 0.27 a year ago. Diluted loss per share from continuing operations was INR 0.014 compared to INR 0.27 a year ago.
For the six months, negative sales was INR 0.161 million compared to sales of INR 0.849 million a year ago. Revenue was INR 0.156 million compared to INR 1.03 million a year ago. Net loss was INR 0.864 million compared to INR 3.14 million a year ago. Basic loss per share from continuing operations was INR 0.08 compared to INR 0.29 a year ago. Diluted loss per share from continuing operations was INR 0.08 compared to INR 0.29 a year ago.