Bimetal Bearings Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 617.46 million compared to INR 496.58 million a year ago. Revenue was INR 639.52 million compared to INR 508.24 million a year ago. Net income was INR 46.52 million compared to INR 8.06 million a year ago. Basic earnings per share from continuing operations was INR 12.16 compared to INR 2.11 a year ago. Diluted earnings per share from continuing operations was INR 12.16 compared to INR 2.11 a year ago.
For the six months, sales was INR 1,156.6 million compared to INR 887.95 million a year ago. Revenue was INR 1,187.56 million compared to INR 910.47 million a year ago. Net income was INR 67.47 million compared to INR 18.08 million a year ago. Basic earnings per share from continuing operations was INR 17.64 compared to INR 4.73 a year ago. Diluted earnings per share from continuing operations was INR 17.64 compared to INR 4.73 a year ago.