Asahi Songwon Colors 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 953.29 million compared to INR 1,263.03 million a year ago. Revenue was INR 960.87 million compared to INR 1,275.03 million a year ago. Net income was INR 235.69 million compared to INR 11.87 million a year ago. Basic earnings per share from continuing operations was INR 20 compared to INR 1 a year ago. Diluted earnings per share from continuing operations was INR 20 compared to INR 1 a year ago.
For the six months, sales was INR 1,981.16 million compared to INR 2,869.07 million a year ago. Revenue was INR 1,995.26 million compared to INR 2,908.01 million a year ago. Net income was INR 189.1 million compared to INR 59.47 million a year ago. Basic earnings per share from continuing operations was INR 16.04 compared to INR 4.99 a year ago. Diluted earnings per share from continuing operations was INR 16.04 compared to INR 4.99 a year ago.