Spacenet Enterprises India 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 289.92 million compared to INR 576.86 million a year ago. Revenue was INR 290.12 million compared to INR 577.8 million a year ago. Net income was INR 27.26 million compared to INR 5.7 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 0.01 a year ago.
For the six months, sales was INR 509.59 million compared to INR 771.35 million a year ago. Revenue was INR 510.8 million compared to INR 775.04 million a year ago. Net income was INR 52.11 million compared to INR 8.99 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to INR 0.02 a year ago.