Gujarat Craft 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 316.3 million compared to INR 349.57 million a year ago. Revenue was INR 316.69 million compared to INR 351.17 million a year ago. Net income was INR 7.73 million compared to INR 21.54 million a year ago. Basic earnings per share from continuing operations was INR 1.58 compared to INR 4.41 a year ago. Diluted earnings per share from continuing operations was INR 1.58 compared to INR 4.41 a year ago.
For the six months, sales was INR 735.13 million compared to INR 786.38 million a year ago. Revenue was INR 735.77 million compared to INR 789.1 million a year ago. Net income was INR 16.41 million compared to INR 44.26 million a year ago. Basic earnings per share from continuing operations was INR 3.36 compared to INR 9.05 a year ago. Diluted earnings per share from continuing operations was INR 3.36 compared to INR 9.05 a year ago.