AIA Engineering Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 14, 2022 at 02:51 am EST
Share
AIA Engineering Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was INR 13,608.01 million compared to INR 9,208.95 million a year ago. Net income was INR 2,448.05 million compared to INR 1,375.92 million a year ago. Basic earnings per share from continuing operations was INR 25.95 compared to INR 14.59 a year ago. Diluted earnings per share from continuing operations was INR 25.95 compared to INR 14.59 a year ago.
For the six months, revenue was INR 24,611.36 million compared to INR 17,003.53 million a year ago. Net income was INR 4,352.75 million compared to INR 2,869.17 million a year ago. Basic earnings per share from continuing operations was INR 46.15 compared to INR 30.42 a year ago. Diluted earnings per share from continuing operations was INR 46.15 compared to INR 30.42 a year ago.
AIA Engineering Limited is engaged in the manufacturing of high chrome mill internals. The Company is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant castings. These products specifically serve the cement, mining, and thermal power-generating industries. The Company operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. Its services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.
AIA ENGINEERING LIMITED 
