Elecon Engineering Company 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 4,849 million compared to INR 3,885.9 million a year ago. Revenue was INR 4,974.5 million compared to INR 3,928.8 million a year ago. Net income was INR 885.7 million compared to INR 645 million a year ago. Basic earnings per share from continuing operations was INR 7.89 compared to INR 5.75 a year ago. Diluted earnings per share from continuing operations was INR 7.89 compared to INR 5.75 a year ago.
For the six months, sales was INR 8,992.4 million compared to INR 7,163.1 million a year ago. Revenue was INR 9,202.8 million compared to INR 7,250.6 million a year ago. Net income was INR 1,615.3 million compared to INR 1,068 million a year ago. Basic earnings per share from continuing operations was INR 14.4 compared to INR 9.52 a year ago. Diluted earnings per share from continuing operations was INR 14.4 compared to INR 9.52 a year ago.