Accel 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 390.64 million compared to INR 344.92 million a year ago. Revenue was INR 398.85 million compared to INR 345.21 million a year ago. Net income was INR 3.78 million compared to INR 10.32 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to INR 0.17 a year ago. Diluted earnings per share from continuing operations was INR 0.06 compared to INR 0.17 a year ago.
For the six months, sales was INR 757.18 million compared to INR 662.72 million a year ago. Revenue was INR 766.58 million compared to INR 667.75 million a year ago. Net income was INR 13.89 million compared to INR 19.56 million a year ago. Basic earnings per share from continuing operations was INR 0.23 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.23 compared to INR 0.32 a year ago.