Precot 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 2,263.21 million compared to INR 2,423.13 million a year ago. Revenue was INR 2,359.76 million compared to INR 2,547.46 million a year ago. Net loss was INR 31.28 million compared to net income of INR 309.58 million a year ago. Basic loss per share from continuing operations was INR 2.61 compared to basic earnings per share from continuing operations of INR 25.8 a year ago.
For the six months, sales was INR 4,675.86 million compared to INR 4,097.03 million a year ago. Revenue was INR 4,908.99 million compared to INR 4,305.3 million a year ago. Net income was INR 108.19 million compared to INR 469.91 million a year ago. Basic earnings per share from continuing operations was INR 9.02 compared to INR 39.16 a year ago.