Gujarat Alkalies and Chemicals 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 9,713 million compared to INR 11,272.6 million a year ago. Revenue was INR 10,423.3 million compared to INR 11,492 million a year ago. Net loss was INR 183.7 million compared to net income of INR 605.4 million a year ago. Basic loss per share from continuing operations was INR 2.5 compared to basic earnings per share from continuing operations of INR 8.24 a year ago. Diluted loss per share from continuing operations was INR 2.5 compared to diluted earnings per share from continuing operations of INR 8.24 a year ago.
For the six months, sales was INR 18,841.1 million compared to INR 22,555.9 million a year ago. Revenue was INR 19,669.4 million compared to INR 22,834.2 million a year ago. Net loss was INR 755.3 million compared to net income of INR 2,514.1 million a year ago. Basic loss per share from continuing operations was INR 10.28 compared to basic earnings per share from continuing operations of INR 34.23 a year ago. Diluted loss per share from continuing operations was INR 10.28 compared to diluted earnings per share from continuing operations of INR 34.23 a year ago.