Garware Hi-Tech Films 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 3,971.1 million compared to INR 3,947.7 million a year ago. Revenue was INR 4,062.7 million compared to INR 4,038.1 million a year ago. Net income was INR 459.1 million compared to INR 481.3 million a year ago. Basic earnings per share from continuing operations was INR 19.76 compared to INR 20.72 a year ago. Diluted earnings per share from continuing operations was INR 19.76 compared to INR 20.72 a year ago.
For the six months, sales was INR 7,768.2 million compared to INR 7,646.4 million a year ago. Revenue was INR 7,948.8 million compared to INR 7,821.8 million a year ago. Net income was INR 896 million compared to INR 926.7 million a year ago. Basic earnings per share from continuing operations was INR 38.57 compared to INR 39.89 a year ago. Diluted earnings per share from continuing operations was INR 38.57 compared to INR 39.89 a year ago.