Ratnamani Metals & Tubes 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 11,312.06 million compared to INR 8,998.17 million a year ago. Revenue was INR 11,418.88 million compared to INR 9,099.72 million a year ago. Net income was INR 1,638.94 million compared to INR 987.78 million a year ago. Basic earnings per share from continuing operations was INR 23.45 compared to INR 14.09 a year ago.
For the six months, sales was INR 23,061.34 million compared to INR 18,766.2 million a year ago. Revenue was INR 23,253.28 million compared to INR 18,953.46 million a year ago. Net income was INR 2,977.5 million compared to INR 1,856.11 million a year ago. Basic earnings per share from continuing operations was INR 42.69 compared to INR 26.49 a year ago.