International Combustion (India) 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 733.5 million compared to INR 553.19 million a year ago. Revenue was INR 736.12 million compared to INR 556.56 million a year ago. Net income was INR 50.17 million compared to INR 11.75 million a year ago. Basic earnings per share from continuing operations was INR 20.99 compared to INR 4.91 a year ago. Diluted earnings per share from continuing operations was INR 20.99 compared to INR 4.91 a year ago.
For the six months, sales was INR 1,421.55 million compared to INR 981.61 million a year ago. Revenue was INR 1,427.32 million compared to INR 986.41 million a year ago. Net income was INR 107.36 million compared to INR 14.3 million a year ago. Basic earnings per share from continuing operations was INR 44.92 compared to INR 5.98 a year ago. Diluted earnings per share from continuing operations was INR 44.92 compared to INR 5.98 a year ago.