Gujarat Apollo Industries Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 139.26 million compared to INR 49.5 million a year ago. Revenue was INR 225.2 million compared to INR 155.41 million a year ago. Net income was INR 34.47 million compared to INR 33.2 million a year ago. Basic earnings per share from continuing operations was INR 5.65 compared to INR 3.04 a year ago. Diluted earnings per share from continuing operations was INR 5.65 compared to INR 3.04 a year ago.
For the six months, sales was INR 431.14 million compared to INR 123.85 million a year ago. Revenue was INR 572.18 million compared to INR 293.8 million a year ago. Net income was INR 49.57 million compared to INR 49.4 million a year ago. Basic earnings per share from continuing operations was INR 8.15 compared to INR 4.63 a year ago. Diluted earnings per share from continuing operations was INR 8.15 compared to INR 4.63 a year ago.