Mangalam Organics 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 1,542.77 million compared to INR 1,430.51 million a year ago. Revenue was INR 1,543.06 million compared to INR 1,438.55 million a year ago. Net loss was INR 214.01 million compared to net income of INR 223.14 million a year ago. Basic loss per share from continuing operations was INR 24.99 compared to basic earnings per share from continuing operations of INR 26.05 a year ago.
For the six months, sales was INR 2,586.58 million compared to INR 2,487.56 million a year ago. Revenue was INR 2,589.7 million compared to INR 2,498.02 million a year ago. Net loss was INR 282.91 million compared to net income of INR 373.04 million a year ago. Basic loss per share from continuing operations was INR 33.03 compared to basic earnings per share from continuing operations of INR 43.56 a year ago.