AIA Engineering Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 06, 2023 at 02:42 am EST
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AIA Engineering Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 13,571.24 million compared to INR 13,608.01 million a year ago. Net income was INR 3,230.76 million compared to INR 2,448.05 million a year ago. Basic earnings per share from continuing operations was INR 34.26 compared to INR 25.95 a year ago. Diluted earnings per share from continuing operations was INR 34.26 compared to INR 25.95 a year ago.
For the six months, revenue was INR 26,562.21 million compared to INR 24,611.36 million a year ago. Net income was INR 5,954.18 million compared to INR 4,352.75 million a year ago. Basic earnings per share from continuing operations was INR 63.13 compared to INR 46.15 a year ago. Diluted earnings per share from continuing operations was INR 63.13 compared to INR 46.15 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 
