Axel Polymers 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 309.19 million compared to INR 214.48 million a year ago. Revenue was INR 309.26 million compared to INR 215.28 million a year ago. Net income was INR 5 million compared to INR 2.5 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to INR 0.29 a year ago.

For the six months, the company reported sales was INR 567.301 million compared to INR 402.704 million a year ago. Revenue was INR 567.457 million compared to INR 403.974 million a year ago. Net income was INR 11.179 million compared to INR 5.082 million a year ago. Basic earnings per share from continuing operations was INR 1.31 compared to INR 0.60 a year ago. Diluted earnings per share from continuing operations was INR 1.31 compared to INR 0.60 a year ago.