Excel 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 1,980.42 million compared to INR 3,119.48 million a year ago. Revenue was INR 2,054.62 million compared to INR 3,176.96 million a year ago. Net income was INR 17.85 million compared to INR 220.42 million a year ago. Basic earnings per share from continuing operations was INR 1.42 compared to INR 17.53 a year ago. Diluted earnings per share from continuing operations was INR 1.42 compared to INR 17.53 a year ago.
For the six months, sales was INR 4,123.26 million compared to INR 6,407.63 million a year ago. Revenue was INR 4,290.59 million compared to INR 6,491.3 million a year ago. Net income was INR 76.61 million compared to INR 590.88 million a year ago. Basic earnings per share from continuing operations was INR 6.09 compared to INR 47 a year ago. Diluted earnings per share from continuing operations was INR 6.09 compared to INR 47 a year ago.