Gujarat Apollo Industries 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 171.79 million compared to INR 139.26 million a year ago. Revenue was INR 247.82 million compared to INR 225.2 million a year ago. Net income was INR 47.67 million compared to INR 34.47 million a year ago. Basic earnings per share from continuing operations was INR 4.42 compared to INR 5.65 a year ago. Diluted earnings per share from continuing operations was INR 4.42 compared to INR 5.65 a year ago.
For the six months, sales was INR 303.89 million compared to INR 431.14 million a year ago. Revenue was INR 433.6 million compared to INR 572.18 million a year ago. Net income was INR 78.85 million compared to INR 49.57 million a year ago. Basic earnings per share from continuing operations was INR 7.17 compared to INR 8.15 a year ago. Diluted earnings per share from continuing operations was INR 7.17 compared to INR 8.15 a year ago.