Bhagwati Autocast 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 395.89 million compared to INR 420.27 million a year ago. Revenue was INR 396.23 million compared to INR 420.32 million a year ago. Net income was INR 8.01 million compared to INR 19.99 million a year ago. Basic earnings per share from continuing operations was INR 2.78 compared to INR 6.93 a year ago. Diluted earnings per share from continuing operations was INR 2.78 compared to INR 6.93 a year ago.
For the six months, sales was INR 776.04 million compared to INR 871.86 million a year ago. Revenue was INR 776.44 million compared to INR 871.96 million a year ago. Net income was INR 28.46 million compared to INR 43.02 million a year ago. Basic earnings per share from continuing operations was INR 9.88 compared to INR 14.93 a year ago. Diluted earnings per share from continuing operations was INR 9.88 compared to INR 14.93 a year ago.