Foseco India Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was INR 1,209.54 million compared to INR 997.49 million a year ago. Revenue was INR 1,265.81 million compared to INR 1,011.57 million a year ago. Net income was INR 276.65 million compared to INR 105.55 million a year ago. Basic earnings per share from continuing operations was INR 43.32 compared to INR 16.53 a year ago.
For the six months, sales was INR 2,318.99 million compared to INR 1,984.87 million a year ago. Revenue was INR 2,427.34 million compared to INR 2,023.61 million a year ago. Net income was INR 419.01 million compared to INR 227.79 million a year ago. Basic earnings per share from continuing operations was INR 65.61 compared to INR 35.67 a year ago.