Setco Automotive 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 1,157.4 million compared to INR 886.5 million a year ago. Revenue was INR 1,174.7 million compared to INR 1,444.4 million a year ago. Net loss was INR 370.5 million compared to INR 1,363.8 million a year ago. Basic loss per share from continuing operations was INR 2.77 compared to INR 10.2 a year ago. Diluted loss per share from continuing operations was INR 2.77 compared to INR 10.2 a year ago.
For the six months, sales was INR 2,737.6 million compared to INR 1,592.8 million a year ago. Revenue was INR 2,776.8 million compared to INR 2,162 million a year ago. Net loss was INR 611.6 million compared to INR 1,657.9 million a year ago. Basic loss per share from continuing operations was INR 4.57 compared to INR 12.39 a year ago. Diluted loss per share from continuing operations was INR 4.57 compared to INR 12.39 a year ago.