Indo Rama Synthetics (India) 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 11,366.1 million compared to INR 9,923 million a year ago. Revenue was INR 11,559.7 million compared to INR 9,942.7 million a year ago. Net income was INR 11.4 million compared to INR 523.1 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 2 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 2 a year ago.
For the six months, sales was INR 23,152.3 million compared to INR 16,872.1 million a year ago. Revenue was INR 23,351 million compared to INR 16,895.8 million a year ago. Net income was INR 397.5 million compared to INR 665.3 million a year ago. Basic earnings per share from continuing operations was INR 1.52 compared to INR 2.55 a year ago. Diluted earnings per share from continuing operations was INR 1.52 compared to INR 2.55 a year ago.