India Motor Parts & Accessories 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 1,816.9 million compared to INR 1,758 million a year ago. Revenue was INR 1,936.6 million compared to INR 1,872.1 million a year ago. Net income was INR 210.6 million compared to INR 213.7 million a year ago. Basic earnings per share from continuing operations was INR 16.87 compared to INR 17.12 a year ago.
For the six months, sales was INR 3,762.2 million compared to INR 3,652.2 million a year ago. Revenue was INR 3,947.2 million compared to INR 3,776.9 million a year ago. Net income was INR 389.1 million compared to INR 369 million a year ago. Basic earnings per share from continuing operations was INR 31.18 compared to INR 29.57 a year ago.