Emami Paper Mills 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 4,366.4 million compared to INR 6,124.3 million a year ago. Revenue was INR 4,368.5 million compared to INR 6,128.2 million a year ago. Net income was INR 164 million compared to INR 250.3 million a year ago. Basic earnings per share from continuing operations was INR 2.51 compared to INR 3.94 a year ago. Diluted earnings per share from continuing operations was INR 2.21 compared to INR 3.15 a year ago.
For the six months, sales was INR 9,552.3 million compared to INR 12,105 million a year ago. Revenue was INR 9,559 million compared to INR 12,113.7 million a year ago. Net income was INR 177.3 million compared to INR 790.4 million a year ago. Basic earnings per share from continuing operations was INR 2.53 compared to INR 12.66 a year ago. Diluted earnings per share from continuing operations was INR 2.23 compared to INR 9.95 a year ago.