Shree Rama Newsprint 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 216.04 million compared to INR 1,055.79 million a year ago. Revenue was INR 218.13 million compared to INR 1,057.06 million a year ago. Net loss was INR 88.62 million compared to INR 270.05 million a year ago. Basic loss per share from continuing operations was INR 0.6 compared to INR 1.83 a year ago. Diluted loss per share from continuing operations was INR 0.6 compared to INR 1.83 a year ago.
For the six months, sales was INR 673.26 million compared to INR 2,115.01 million a year ago. Revenue was INR 689.04 million compared to INR 2,116.93 million a year ago. Net loss was INR 108.17 million compared to INR 407.18 million a year ago. Basic loss per share from continuing operations was INR 0.73 compared to INR 2.76 a year ago. Diluted loss per share from continuing operations was INR 0.73 compared to INR 2.76 a year ago.