Praveg 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 140.34 million compared to INR 173.22 million a year ago. Revenue was INR 146.39 million compared to INR 173.31 million a year ago. Net income was INR 20.95 million compared to INR 60.54 million a year ago. Basic earnings per share from continuing operations was INR 0.98 compared to INR 3.28 a year ago. Diluted earnings per share from continuing operations was INR 0.97 compared to INR 3.28 a year ago.
For the six months, sales was INR 260 million compared to INR 373.75 million a year ago. Revenue was INR 270.84 million compared to INR 373.9 million a year ago. Net income was INR 32.63 million compared to INR 117.07 million a year ago. Basic earnings per share from continuing operations was INR 1.52 compared to INR 6.33 a year ago. Diluted earnings per share from continuing operations was INR 1.51 compared to INR 6.33 a year ago.