Jain Irrigation Systems 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 13,619.2 million compared to INR 10,819.8 million a year ago. Revenue was INR 13,638 million compared to INR 11,113.9 million a year ago. Net income was INR 87.6 million compared to net loss of INR 907 million a year ago. Basic earnings per share from continuing operations was INR 0.11 compared to basic loss per share from continuing operations of INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.1 compared to diluted loss per share from continuing operations of INR 0.32 a year ago. Basic earnings per share was INR 0.11 compared to basic loss per share of INR 1.44 a year ago. Diluted earnings per share was INR 0.1 compared to diluted loss per share of INR 1.44 a year ago.
For the six months, sales was INR 30,629.6 million compared to INR 24,981.4 million a year ago. Revenue was INR 30,687.5 million compared to INR 25,512.4 million a year ago. Net income was INR 441.9 million compared to net loss of INR 1,003 million a year ago. Basic earnings per share from continuing operations was INR 0.67 compared to basic loss per share from continuing operations of INR 0.2 a year ago. Diluted earnings per share from continuing operations was INR 0.65 compared to diluted loss per share from continuing operations of INR 0.2 a year ago. Basic earnings per share was INR 0.67 compared to basic loss per share of INR 1.6 a year ago. Diluted earnings per share was INR 0.65 compared to diluted loss per share of INR 1.6 a year ago.