National Fertilizers 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 56,596.4 million compared to INR 67,536.6 million a year ago. Revenue was INR 56,912 million compared to INR 67,645.8 million a year ago. Net loss was INR 871 million compared to net income of INR 147.9 million a year ago. Basic loss per share from continuing operations was INR 1.78 compared to basic earnings per share from continuing operations of INR 0.3 a year ago. Diluted loss per share from continuing operations was INR 1.78 compared to diluted earnings per share from continuing operations of INR 0.3 a year ago.
For the six months, sales was INR 107,078.4 million compared to INR 132,039.9 million a year ago. Revenue was INR 107,509.5 million compared to INR 132,269.1 million a year ago. Net loss was INR 2,085.3 million compared to net income of INR 1,402.5 million a year ago. Basic loss per share from continuing operations was INR 4.25 compared to basic earnings per share from continuing operations of INR 2.86 a year ago. Diluted loss per share from continuing operations was INR 4.25 compared to diluted earnings per share from continuing operations of INR 2.86 a year ago.