James Warren Tea 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 498.75 million compared to INR 542.8 million a year ago. Revenue was INR 571.29 million compared to INR 580.54 million a year ago. Net income was INR 165.82 million compared to INR 272.29 million a year ago. Basic earnings per share from continuing operations was INR 41.57 compared to INR 61.88 a year ago. Diluted earnings per share from continuing operations was INR 41.57 compared to INR 61.68 a year ago.
For the six months, sales was INR 741.85 million compared to INR 847.7 million a year ago. Revenue was INR 845.02 million compared to INR 901.55 million a year ago. Net income was INR 150.34 million compared to INR 348.77 million a year ago. Basic earnings per share from continuing operations was INR 35.85 compared to INR 79.27 a year ago. Diluted earnings per share from continuing operations was INR 35.85 compared to INR 79.27 a year ago.