IFB Agro Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
October 31, 2022 at 07:47 am EDT
IFB Agro 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 4,061.8 million compared to INR 2,974.9 million a year ago. Revenue was INR 4,869.7 million compared to INR 6,687.2 million a year ago. Net income was INR 161 million compared to INR 211.6 million a year ago. Basic earnings per share from continuing operations was INR 17.19 compared to INR 22.59 a year ago. Diluted earnings per share from continuing operations was INR 17.19 compared to INR 22.59 a year ago.
For the six months, sales was INR 7,398.6 million compared to INR 5,260.5 million a year ago. Revenue was INR 8,993 million compared to INR 12,002.2 million a year ago. Net income was INR 308 million compared to INR 373.9 million a year ago. Basic earnings per share from continuing operations was INR 32.88 compared to INR 39.92 a year ago. Diluted earnings per share from continuing operations was INR 32.88 compared to INR 39.92 a year ago.