Ideal Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 1,149.434 million compared to PKR 1,033.934 million a year ago. Net income was PKR 22.727 million compared to PKR 40.098 million a year ago. Basic earnings per share from continuing operations was PKR 2.29 compared to PKR 4.04 a year ago. For the half year, sales was PKR 2,276.039 million compared to PKR 2,075.701 million a year ago. Net income was PKR 66.413 million compared to PKR 54.106 million a year ago. Basic earnings per share from continuing operations was PKR 6.69 compared to PKR 5.45 a year ago.