The Peria Karamalai Tea and Produce Company 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 179.35 million compared to INR 114.38 million a year ago. Revenue was INR 179.76 million compared to INR 121.08 million a year ago. Net income was INR 6.81 million compared to INR 19.02 million a year ago. Basic earnings per share from continuing operations was INR 2.2 compared to INR 6.14 a year ago. Diluted earnings per share from continuing operations was INR 2.2 compared to INR 6.14 a year ago.
For the six months, sales was INR 261.63 million compared to INR 248.9 million a year ago. Revenue was INR 263.36 million compared to INR 255.95 million a year ago. Net loss was INR 20.34 million compared to net income of INR 59.8 million a year ago. Basic loss per share from continuing operations was INR 6.57 compared to basic earnings per share from continuing operations of INR 19.32 a year ago. Diluted loss per share from continuing operations was INR 6.57 compared to diluted earnings per share from continuing operations of INR 19.32 a year ago.