Uttam Sugar Mills 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 6,040.3 million compared to INR 4,545.3 million a year ago. Revenue was INR 6,061.4 million compared to INR 4,567.6 million a year ago. Net income was INR 156.3 million compared to net loss of INR 100.4 million a year ago. Basic earnings per share from continuing operations was INR 4.1 compared to basic loss per share from continuing operations of INR 2.63 a year ago. Diluted earnings per share from continuing operations was INR 4.1 compared to diluted loss per share from continuing operations of INR 2.63 a year ago.
For the six months, sales was INR 10,640.8 million compared to INR 10,598.4 million a year ago. Revenue was INR 10,679.1 million compared to INR 10,638 million a year ago. Net income was INR 466 million compared to INR 275.6 million a year ago. Basic earnings per share from continuing operations was INR 12.22 compared to INR 7.23 a year ago. Diluted earnings per share from continuing operations was INR 12.22 compared to INR 7.23 a year ago.