Generic Engineering Construction and Projects 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 372.04 million compared to INR 535.18 million a year ago. Revenue was INR 398.75 million compared to INR 537.79 million a year ago. Net income was INR 32.17 million compared to INR 30.78 million a year ago. Basic earnings per share from continuing operations was INR 0.6 compared to INR 0.73 a year ago. Diluted earnings per share from continuing operations was INR 0.55 compared to INR 0.66 a year ago.
For the six months, sales was INR 899.94 million compared to INR 1,235.87 million a year ago. Revenue was INR 933.78 million compared to INR 1,240.89 million a year ago. Net income was INR 52.8 million compared to INR 62.38 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to INR 1.48 a year ago. Diluted earnings per share from continuing operations was INR 0.94 compared to INR 1.33 a year ago.