Laurus Labs 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 12,244.5 million compared to INR 15,758.9 million a year ago. Revenue was INR 12,262.3 million compared to INR 15,770 million a year ago. Net income was INR 369.5 million compared to INR 2,328.1 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to INR 4.33 a year ago. Diluted earnings per share from continuing operations was INR 0.68 compared to INR 4.32 a year ago.
For the six months, sales was INR 24,062.4 million compared to INR 31,148.3 million a year ago. Revenue was INR 24,116.2 million compared to INR 31,176.9 million a year ago. Net income was INR 618 million compared to INR 4,840.9 million a year ago. Basic earnings per share from continuing operations was INR 1.15 compared to INR 9.01 a year ago. Diluted earnings per share from continuing operations was INR 1.14 compared to INR 8.98 a year ago.