Cmilimited: CMI Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

CMI 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 79.03 million compared to INR 23.91 million a year ago. Revenue was INR 79.72 million compared to INR 24.95 million a year ago. Net loss was INR 18.45 million compared to INR 73.84 million a year ago. Basic loss per share from continuing operations was INR 1.15 compared to INR 4.61 a year ago. Diluted loss per share from continuing operations was INR 1.15 compared to INR 4.61 a year ago. For the six months, sales was INR 119.49 million compared to INR 99.68 million a year ago. Revenue was INR 120.77 million compared to INR 103.9 million a year ago. Net loss was INR 47.1 million compared to INR 193.03 million a year ago. Basic loss per share from continuing operations was INR 2.94 compared to INR 12.04 a year ago. Diluted loss per share from continuing operations was INR 2.94 compared to INR 12.04 a year ago.