Alfa Transformers 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 138.68 million compared to INR 62.42 million a year ago. Revenue was INR 139.68 million compared to INR 62.64 million a year ago. Net income was INR 60.61 million compared to INR 2.84 million a year ago. Basic earnings per share from continuing operations was INR 6.62 compared to INR 0.31 a year ago.
For the six months, sales was INR 262.51 million compared to INR 97.19 million a year ago. Revenue was INR 264.96 million compared to INR 97.76 million a year ago. Net income was INR 72.9 million compared to net loss of INR 0.596 million a year ago. Basic earnings per share from continuing operations was INR 7.97 compared to basic loss per share from continuing operations of INR 0.07 a year ago.