Indo Tech Transformers 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 958.1 million compared to INR 885.4 million a year ago. Revenue was INR 981.7 million compared to INR 893.6 million a year ago. Net income was INR 70.7 million compared to INR 13.3 million a year ago. Basic earnings per share from continuing operations was INR 6.66 compared to INR 1.25 a year ago.
For the six months, sales was INR 1,890.3 million compared to INR 1,426.2 million a year ago. Revenue was INR 1,922 million compared to INR 1,441.8 million a year ago. Net income was INR 106.1 million compared to INR 25.6 million a year ago. Basic earnings per share from continuing operations was INR 9.99 compared to INR 2.41 a year ago.