IFCI 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 88.7 million compared to INR 150 million a year ago. Revenue was INR 6,120.3 million compared to INR 4,249.3 million a year ago. Net income was INR 962 million compared to INR 1,634.8 million a year ago. Basic earnings per share from continuing operations was INR 0.39 compared to INR 0.78 a year ago. Diluted earnings per share from continuing operations was INR 0.39 compared to INR 0.78 a year ago.
For the six months, sales was INR 172.1 million compared to INR 227 million a year ago. Revenue was INR 9,364 million compared to INR 7,419.5 million a year ago. Net loss was INR 437.8 million compared to INR 451.3 million a year ago. Basic loss per share from continuing operations was INR 0.18 compared to INR 0.21 a year ago. Diluted loss per share from continuing operations was INR 0.18 compared to INR 0.21 a year ago.