Everest Kanto Cylinder 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 2,992.8 million compared to INR 3,396.9 million a year ago. Revenue was INR 2,994 million compared to INR 3,408.4 million a year ago. Net income was INR 263.3 million compared to INR 185 million a year ago. Basic earnings per share from continuing operations was INR 2.35 compared to INR 1.65 a year ago.
For the six months, sales was INR 5,676.6 million compared to INR 7,202.2 million a year ago. Revenue was INR 5,706.6 million compared to INR 7,221 million a year ago. Net income was INR 480.8 million compared to INR 572 million a year ago. Basic earnings per share from continuing operations was INR 4.29 compared to INR 5.1 a year ago.