Global Offshore Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 78.04 million compared to INR 126.63 million a year ago. Revenue was INR 107.38 million compared to INR 126.74 million a year ago. Net income was INR 42.92 million compared to net loss of INR 146.47 million a year ago. Basic earnings per share from continuing operations was INR 1.74 compared to basic loss per share from continuing operations of INR 5.92 a year ago. Diluted earnings per share from continuing operations was INR 1.74 compared to diluted loss per share from continuing operations of INR 5.92 a year ago.
For the six months, sales was INR 165.33 million compared to INR 327.11 million a year ago. Revenue was INR 236.77 million compared to INR 327.55 million a year ago. Net loss was INR 78.11 million compared to INR 488.04 million a year ago. Basic loss per share from continuing operations was INR 3.16 compared to INR 19.74 a year ago. Diluted loss per share from continuing operations was INR 3.16 compared to INR 19.74 a year ago.