Axtel Industries 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 694.72 million compared to INR 420.02 million a year ago. Revenue was INR 705.58 million compared to INR 425.89 million a year ago. Net income was INR 119.21 million compared to INR 46.74 million a year ago. Basic earnings per share from continuing operations was INR 7.38 compared to INR 2.89 a year ago. Diluted earnings per share from continuing operations was INR 7.38 compared to INR 2.89 a year ago.
For the six months, sales was INR 1,173.8 million compared to INR 724.45 million a year ago. Revenue was INR 1,192.19 million compared to INR 734.92 million a year ago. Net income was INR 172.42 million compared to INR 40.08 million a year ago. Basic earnings per share from continuing operations was INR 10.67 compared to INR 2.48 a year ago. Diluted earnings per share from continuing operations was INR 10.67 compared to INR 2.48 a year ago.