Virinchi 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 790.13 million compared to INR 818.91 million a year ago. Revenue was INR 798.64 million compared to INR 855.09 million a year ago. Net loss was INR 34.84 million compared to net income of INR 2.27 million a year ago. Basic loss per share from continuing operations was INR 0.43 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.43 compared to diluted earnings per share from continuing operations of INR 0.03 a year ago.
For the six months, sales was INR 1,548.07 million compared to INR 1,981.91 million a year ago. Revenue was INR 1,560.07 million compared to INR 2,018.51 million a year ago. Net loss was INR 52.68 million compared to net income of INR 53.52 million a year ago. Basic loss per share from continuing operations was INR 0.65 compared to basic earnings per share from continuing operations of INR 0.685 a year ago. Diluted loss per share from continuing operations was INR 0.65 compared to diluted earnings per share from continuing operations of INR 0.685 a year ago.