The Peria Karamalai Tea and Produce Company Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 132.08 million compared to INR 179.35 million a year ago. Revenue was INR 137.47 million compared to INR 179.76 million a year ago. Net loss was INR 11.3 million compared to net income of INR 6.81 million a year ago. Basic loss per share from continuing operations was INR 3.65 compared to basic earnings per share from continuing operations of INR 2.2 a year ago. Diluted loss per share from continuing operations was INR 3.65 compared to diluted earnings per share from continuing operations of INR 2.2 a year ago.
For the six months, sales was INR 243.1 million compared to INR 261.63 million a year ago. Revenue was INR 249.99 million compared to INR 263.36 million a year ago. Net income was INR 8.25 million compared to net loss of INR 20.34 million a year ago. Basic earnings per share from continuing operations was INR 2.67 compared to basic loss per share from continuing operations of INR 6.57 a year ago. Diluted earnings per share from continuing operations was INR 2.67 compared to diluted loss per share from continuing operations of INR 6.57 a year ago.