GRM Overseas 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 2,036.66 million compared to INR 2,706.37 million a year ago. Revenue was INR 2,103.77 million compared to INR 2,701.69 million a year ago. Net income was INR 66.21 million compared to INR 136.61 million a year ago. Basic earnings per share from continuing operations was INR 1.1 compared to INR 2.28 a year ago. Diluted earnings per share from continuing operations was INR 1.1 compared to INR 2.28 a year ago.
For the six months, sales was INR 5,240.25 million compared to INR 5,888.91 million a year ago. Revenue was INR 5,362.73 million compared to INR 5,889.81 million a year ago. Net income was INR 240.61 million compared to INR 319.71 million a year ago. Basic earnings per share from continuing operations was INR 4.01 compared to INR 5.33 a year ago. Diluted earnings per share from continuing operations was INR 4.01 compared to INR 5.33 a year ago.